Diesel subsidy rationalisation timeline on hold to avoid speculative inflation


PUTRAJAYA: The government will announce the timeline for the rationalisation of diesel subsidies when it is ready as it wants to avoid speculative inflation, said Economy Minister Rafizi Ramli.

He said one of the main considerations was the need for proper sequencing in implementing the diesel subsidy rationalisation that would ensure a balance between wage growth, increasing public income and inflation.

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