Refsa and IDEAS’s misplaced focus on critiquing subsidies in the 2013 budget
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- Category: CPI Press Releases
- Posted by Dr. Lim Teck Ghee
While it is true that subsidies have quadrupled in the past five years, and some of it is wasteful and not efficiently targeted at the most needy or priority sectors, the Refsa-IDEAS contention of the debilitating effects of subsidies on our economic health needs to be challenged.
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