Stimulus buzz | June 3, 2025

Gov't cancels electricity tariff discount

Hello reader,

The government’s planned 50% electricity tariff discount could’ve been a lifeline amid widely reported financial struggles faced by households throughout the country. I say “could’ve” because the plan has been scrapped.

In its place is a five-part economic stimulus package to spur domestic spending and boost economic growth. It does look like the government is very keen on pushing GDP growth above 5%. More on that below.

Cheers,

Andra

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