Malaysia says happy to accept ‘trade-off’ of lower savings through new RON95 fuel subsidy policy
Petrol
The government acknowledged public “noises” around rising costs of living in deciding to allow all Malaysians to continue enjoying subsidised RON95 petrol, said Second Finance Minister Amir Hamzah Azizan. KUALA LUMPUR: Malaysia accepts the “trade-off” of not maximising savings from rationalising RON95 fuel subsidies - through the latest twist in its efforts to prevent “leakages” to foreigners and the wealthy - because it acknowledges the country faces cost of living pressures, Second Finance
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