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Nation

Anwar: Fuel prices cannot go any lower, billions spent on subsidies

By TARRENCE TAN

PETALING JAYA: Fuel in Saudi Arabia is more expensive than those in Malaysia and it isn’t feasible to introduce additional subsidies to bring down fuel prices in our country, says Prime Minister Datuk Seri Anwar Ibrahim.

At present, he said between RM30bil and RM40bil was spent in subsidies to keep fuel prices at RM2.05 per litre.

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