March 6, 2014, by Graham Kendall
No Pain, No Gain – Cutting Subsidies is Necessary For Malaysia’s Future Prosperity
The University of Nottingham Institute of Asia Pacific Studies, Malaysia in association with The British High Commission KL invites you to attend the first in a series of highly topical panel debates:
No Pain, No Gain – Cutting Subsidies is Necessary For Malaysia’s Future Prosperity.
Malaysia faces burgeoning government debt, depleting oil reserves and the threat of a downgrade in its credit rating. International observers are calling for urgent economic reform. But the Government’s decision to reduce subsidies and introduce GST in 2015 has provoked intense public opposition. What would be the consequences for Malaysia’s economy of maintaining current levels of government spending without increasing revenue? Is reducing subsidies (and therefore increasing prices) the only option? What else could be done? What price should Malaysians be prepared to pay today to ensure the country’s future prosperity?
Date: Thursday, 20 March 2014
Time: 7.30 pm to 10.00 pm
Venue: Rehal Terrace and Auditorium – Islamic Arts Museum, Kuala Lumpur
RSVP: 13 March 2014, Thursday to firstname.lastname@example.org (Spaces are limited)
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