Subsidies may touch RM71 bln in 2022, inflation contained, says Finance Minister
Malaysia is expected to fork out higher total subsidies in 2022 to the tune of RM71 billion, while petrol subsidies alone will touch RM30 billion amid the rise in crude oil prices.
Thu May 26 2022
Oil subsidy reduction can prevent leakage - Dr Mahathir
The reduction of 20 sen per litre in petrol and diesel subsidies effective today is viewed as apt by Tun Dr Mahathir Mohamad to avoid financial leakage and misappropriation of the subsidised fuel.
Thu Oct 02 2014