KUALA LUMPUR, July 1 (Reuters) - Malaysia may spend up to 40 billion ringgit ($9.8 billion) on fuel subsidies this year if energy prices remain elevated, more than double its initial budget allocation ...
Prime Minister Datuk Seri Anwar Ibrahim, who is also Finance Minister, said subsidy spending rose sharply after the first two ...
KUALA LUMPUR, July 1 — Malaysia’s fuel subsidy bill is on track to reach nearly RM40 billion this year, ...
Malaysia’s spending on petrol and diesel subsidies could climb to 40 billion ringgit ($9.8 billion) in 2026 if current market ...
Instead, he said the government is now consolidating RON95 and diesel subsidies under the BUDI MADANI framework.
Petrol and diesel subsidy spending is set to be close to RM40bil this year, more than double the RM15bil allocated under ...
Prime Minister Datuk Seri Anwar Ibrahim previously announced a proposal that could potentially cut T20 income earners from subsidised fuel altogether.
PUTRAJAYA, June 22 — The government will roll out a new MyKad-based diesel subsidy system from July 1, allowing ...
The World Bank said on Thursday that Indonesia's economic growth was expected to slow to 5% in 2026 as it comes under increasing fiscal strain from an ambitious ​spending programme and the rising cost ...
The government has set aside about RM15 billion for fuel subsidies in its Budget for 2026 Read more at The Business Times.