The fuel subsidy plan and inflation


TA Research sees limited impact from the proposed diesel subsidy cut plan.

PETALING JAYA: The proposed subsidy rationalisation programme for fuel will help government finances, but concerns remain about its inflationary impact.

The programme will start with diesel fuel, which will be rationalised in Peninsular Malaysia first and is estimated to save RM4bil annually or 0.2% of the gross domestic product (GDP).

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Official reserve assets total US$124bil, says BNM
Pakistan’s growth in September quarter slows
NCT Alliance gets nod for acquisition
Nor Zahidi continues as MPC member
Semico’s FY26 to FY27 revenue expected to grow�
Malaysia Smelting appoints two co-group CEOs�
LFE Corp secures RM11.5mil job
India�imposes three-year steel tariff to support local industry
Kelvin Tan reappointed Innoprise MD
Jasrinderjit Singh is new Lagenda CEO

Others Also Read