热门标签

Telegram群组:How other countries are subsidising their way out of inflation

时间:3个月前   阅读:7   评论:1

澳5开户www.a55555.net)是澳洲幸运5彩票官方网站,开放澳洲幸运5彩票会员开户、澳洲幸运5彩票代理开户、澳洲幸运5彩票线上投注、澳洲幸运5实时开奖等服务的平台。

Soh Lian Seng, head of tax at KPMG in Malaysia, however, points out that in some markets the subsidies are actually decreasing as governments become aware of not busting their budget deficits too much.

AT first, governments around the world had sought to fight off the effects of the Covid-19 pandemic by throwing a lifeline to those mostly affected such as the lower-income groups. But then came a bigger challenge –rising inflation, putting an already stressed populace in a difficult position to afford necessities. So more money is being spent on subsidies.

From Singapore to Thailand, the United Kingdom to the United States, there is some form of help being given to the public to help them face rising inflation. But at what expense?

Soh Lian Seng, head of tax at KPMG in Malaysia, however, points out that in some markets the subsidies are actually decreasing as governments become aware of not busting their budget deficits too much.

“Although subsidies had reached high levels during the pandemic and governments continue to focus on areas most impacted, generally, Asean and India are seeing a decline in subsidies as the world moves towards the endemic phase in the new normal,” he tells StarBizWeek.

In particular, he notes that Covid-19 healthcare and social assistance in Indonesia and Singapore as well as food, fertiliser and petroleum in India are being progressively scaled back and estimated to further decline in the foreseeable future.

,

Telegram群组www.tel8.vip)是一个Telegram群组分享平台。Telegram群组包括Telegram群组、Telegram群组索引、Telegram群组导航、新加坡Telegram群组、Telegram中文群组、Telegram群组(其他)、Telegram 美国 群组、Telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram群组为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

,

subsidies others

On the other hand, the national budget for subsidy in Thailand is forecast to remain relatively unchanged since the pandemic, where the subsidy budget is expected to account for the largest proportion.

AmBank Group chief economist Anthony Dass says that government spending on subsidies globally in 2020 saw a sharp jump to 47.3% of total expenditure, from 43.7% in the previous year.

“For instance, the US government expenditure on subsidies and other transfers rose 55.5% year-on-year to US$4.9 trillion (RM21.7 trillion), while in the UK it climbed about one-third in 2020,” Dass shares.

The assistance programme given out by governments to cushion the adverse impact of Covid-19, among others included wage subsidies, financial aid for reskill-upscaling, utilities credit and cash transfers.

More recently, food security woes have been making world headlines and subsidies have been leaning towards catering for and expanding programmes on domestic farming.

“The move can be seen in the European Union with aid raised to maintain domestic production by reaching out to their hardest-hit farmers, as well as the Czech Republic that introduced a bill that requires at least 85% of food to be domestically produced by 2027,” says KPMG’s Soh.

上一篇:哈希108竞彩平台(www.hx198.vip):Perikatan to back Ismail Sabri till end of term, says Kiandee

下一篇:约搏以太坊博彩游戏(www.eth888.vip)_金融海啸 无损好心情 赌王宴群雌贵翅照食

网友评论

  • 2022-09-17 00:16:46

    UMNO vice-president Mahdzir Khalid today denied claims that there was internal pressure to sack Bera MP Ismail Sabri Yaakob from the party’s leadership.适合大众的读物