The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) has proposed several economic measures for the government to consider. These policies would mend the ailing economy battered by the ongoing conflict in Ukraine, the prolonged COVID-19 pandemic, and rising inflation.
According to the committee, these measures will maintain SMEs’ competitiveness, and alleviate the financial hardship of members of the public.
These policies include continuing diesel subsidy for another three months, along with reducing excise tax for diesel for another three months. The JSCCIB said the…