Some middle-class Malaysians say they are being ‘punished’ by PM Anwar’s planned subsidy cuts for ultra-rich

Petrol

Malaysia wants to trim petrol, education and healthcare subsidies for the top 15 per cent of earners, but the already pinched middle class fears it could be in the crosshairs. KUALA LUMPUR: In the days after Malaysia Prime Minister Anwar Ibrahim delivered his budget speech on Oct 18, a number of questions lingered on Mr Nav Singh’s mind. The 38-year-old manager at a manufacturing company began to wonder whether he would slip into a category Mr Anwar described as the “maha kaya”, or ultra-rich.

Tag-uri: Petrol

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