Move away from giving fuel subsidy: Jomo

December 5, 2019

Isn’t this a rerun of previous rhetoric?

Dateline 2019-10-08, NST:

The government has been urged to consider not giving fuel subsidy but rather encouraging more use of renewable energy.

Economist and former Council of Eminent Persons member Dr Jomo Kwame Sundaram said fuel subsidies were major distortion in markets.

“The government has been trying to reduce this subsidy. Fuel subsidies in all countries are basically benefit middle class rather than the low income group,” Jomo said on the sidelines of the Khazanah Megatrends Forum 2019 here today.

He said the government should rethink who benefit the most before subsidising the rakyat.


Rajiv: No question of political will, govt on track with renewable energy targets

August 4, 2019

Dateline 2019-06-26, Star Online:

There is no question over political will of the government in its effort to promote the uptake of renewable energy (RE), says Sustainable Energy Development Authority (Seda) board member Rajiv Rishyakaran.

His statement was in response to economist Prof Dr Jomo Kwame Sundaram’s comment that there was a lack for political commitment to push for a swift implementation of the RE agenda.

Jomo said that the enforcement of alternative energy appeared to be lagging.