Continuing entrenched petrol subsidies may undermine Putrajaya’s long-term fiscal health but cutting them could provoke significant backlash against Prime Minister Anwar Ibrahim’s government, say experts. KUALA LUMPUR: Malaysia cannot afford to keep fuel prices artificially low indefinitely, as global conflict and surging crude prices pushes the national subsidy bill to a breaking point, analysts have told CNA. But reducing fuel subsidies carries political risks, with potential backlash looming

Tag-uri: Petrol