Malaysia considers ending cooking oil subsidies to curb leaks, exploring targeted aid instead.

The Malaysian government is considering ending the packet cooking oil subsidy to stop leakages and misappropriation, as advised by Economy Minister Rafizi Ramli. The Ministry of Domestic Trade and Cost of Living is reviewing alternatives, including targeted financial aid, to subsidize cooking oil without significant losses. This change poses risks due to the millions spent on the current subsidy program.

November 17, 2024
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