The Malaysian government is in a strong position to absorb the higher costs due to the various fiscal reforms and consolidation measures implemented over the past three years, said Finance Minister II Amir Hamzah Azizan. KUALA LUMPUR: The Malaysian government’s fuel subsidy bill is projected to surge over four-fold to about RM3.2 billion (US$812.8 million) per month, up from RM700 million previously, as global oil prices climb amid the escalating Iran war.  Finance Minister II Amir Hamzah