Subsidy Reduction Quotes

We must reign in overspending by ridding government of outmoded programs, making Big Oil pay their fair share, repealing massive tax breaks for corporations that ship jobs overseas, and enacting a tax code that no longer favors millionaires and billionaires.

It is government policy to phase out subsidies to nationalised industries. In line with this, the government hopes that the coal industry will be able to operate without the need for assistance apart from social grants.

That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them.

Eventually, the economy will work well when you reduce subsidies. People have got used to getting some handouts from governments.

The government should move towards supporting aspirations and not entitlement. Subsidies supporting non-productive growth should be reduced.

The less subsidy we have, the more the 'producers' take over, and the 'bottom line' becomes the raison d'etre. That's quite an unappealing landscape for artists.

There have been no voices against the structural reforms that I have proposed, especially the energy reform.

We are willing to open markets and cut our subsidies if others will, but we won’t do it alone.

To reduce the burden on the state exchequer, we increased the price of rice. I find nothing wrong in doing so in the best interests of the people and for the overall development of the state.

When you compare the relatively modest tax that will ensue from prohibiting companies from receiving a subsidy and deducting that subsidy, the benefits dramatically outweigh the costs.