10-fold spike in diesel subsidy cause for rationalisation

PUTRAJAYA: The decision to rationalise the diesel subsidy was based on a staggering 10-fold increase in subsidy for the fuel in just five years.

With the government paying RM14.3bil for diesel subsidy in 2023 from RM1.4bil in 2019, the government said the increase in the subsidy amount was not just due to the increase in price.