Malaysian government reevaluates RON95 fuel subsidy, targeting rationalisation from June 10, 2024.

The Malaysian government is reevaluating subsidies including the RON95 fuel subsidy, aiming to optimize its implementation and distribute aid effectively. The Economy Ministry is studying various proposals based on data and will communicate decisions clearly. The targeted RON95 subsidy and diesel subsidy rationalisation starting June 10, 2024, aim to strengthen fiscal position and reduce smuggling leakages.

July 12, 2024
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