Audit Report: 'Financial Assistance Scheme': A Costly Generosity Under Fire...

The Financial Assistance Scheme (FAS), established under the previous government, has progressively become a central pillar of income support policy. Originally designed as a social cushioning mechanism in response to economic shocks and the erosion of purchasing power, it has seen rapid and massive expansion in recent years. However, these measures now face severe criticism, particularly in the report of the...