Jomo: Stop quibbling on subsidy for rakyat, look at leakages

Prominent economist Jomo Kwame Sundaram said the government and stakeholders are paying too much attention to trying to target subsidies for the rakyat but not looking into the larger issues of leakages.

For example, he said, one major blind spot is the subsidies extended to corporations, which remain unquestioned in the discussion on subsidy rationalisation.