‘Choppy waters ahead’ for petrol subsidy cut but Malaysia will factor in not just household income: Minister
Petrol
There will be Malaysians unhappy with the subsidy rollback, but it is the government’s responsibility to manage the cut properly so that it is sustainable, says economy minister Rafizi Ramli. SINGAPORE: The Malaysia government’s “once-in-a-generation” plan to roll back petrol subsidies from the middle of next year is crucial for fiscal reform but expected to cause significant public backlash, said its economy minister. “We are prepared for the choppy waters ahead,” Mr Rafizi Ramli said in an
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