The government’s move to abolish the 2kg, 3kg and 5kg bottled palm cooking oil subsidy is seen as a measure to ensure that more direct and targeted assistance can be channelled to eligible recipients.
Bank Islam Malaysia economic analyst Dr Afzanizam Abdul Rashid said the government's decision to maintain the palm cooking oil subsidy in plastic packaging and abolish the bottled packaging palm cooking oil subsidy could benefit vulnerable groups such as B40 in obtaining government-provided subsidised essential goods.