MOF estimates monthly subsidy bill for RON95 and diesel at RM3.5 billion
Malaysia's Ministry of Finance released a new estimate on fuel subsidies. The bill for RON95 gasoline and diesel is projected at about RM3.5 billion per
Malaysia's Ministry of Finance released a new estimate on fuel subsidies. The
bill for RON95 gasoline and diesel is projected at about RM3.5 billion per
month. The figure reflects ongoing government support to keep fuel prices low.
Officials indicated the subsidy level is based on current consumption rates. The
cost has implications for the national budget and fiscal planning. Critics argue
the subsidy may strain public finances. The ministry plans to monitor market
conditions closely. Future adjustments could be considered depending on economic
pressures.