Petrol subsidies in Malaysia confirmed to be reduced this year – unsubsidised RON95 to be RM3.38/litre?
Economy minister Rafizi Ramli has reportedly confirmed that Malaysia will reduce subsidies for petrol this year in order to reduce the country’s fiscal deficit, Malay Mail reported, citing Bloomberg. The Malaysian government remains on track in focusing its handouts on aid for the needy, Rafizi said, adding that the government ‘needs to manage the sequence’ [...]read morePetrol subsidies in Malaysia confirmed to be reduced this year – unsubsidised RON95 to be RM3.38/litre?
