Fund Federal responsibilities through Budget, not GLCs, says Dr Wee
Published on 14 Oct 2026 9:51:04 PM
Datuk Seri Dr Wee Ka Siong (BN-Ayer Hitam) has urged the government to stop relying on government-linked companies (GLCs), government-linked investment companies (GLICs) and statutory bodies to fund Federal responsibilities, warning that the practice could become fiscally unsustainable.
Debating Budget 2027 in the Dewan Rakyat on Wednesday (Oct 14), Wee also called for the 800kWh monthly electricity subsidy threshold to be made permanent, extended to small and medium enterprises (SMEs), and for electricity consumers using more than 800kWh to be exempted from the 8% sales and service tax (SST).
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Datuk Seri Dr Wee Ka Siong (BN-Ayer Hitam) has urged the government to stop relying on government-linked companies (GLCs), government-linked investment companies (GLICs) and statutory bodies to fund Federal responsibilities, warning that the practice could become fiscally unsustainable.
Debating Budget 2027 in the Dewan Rakyat on Wednesday (Oct 14), Wee also called for the 800kWh monthly electricity subsidy threshold to be made permanent, extended to small and medium enterprises (SMEs), and for electricity consumers using more than 800kWh to be exempted from the 8% sales and service tax (SST).
Read more at https://shorturl.at/8rqMk
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
electricity tariffs, cost of living, wee ka siong, budget, glc, tenaga nasional, dewan rakyat, parliament, news, thestartv, the star, ayer hitam mp, government, budget 2027, kwap, investment, hostels, public universities, retirement funds, contributors, retirees, public sector deficit, electricity subsidy, sme, electricity consumers, sst