PETALING JAYA: High fuel consumption among Malaysians is placing a severe strain on federal coffers, prompting economists to call for an urgent reduction of the 300-litre Budi Madani RON95 monthly quota.
The call comes after the cost of subsidising fuel recently skyrocketed from RM700mil to RM3.2bil in less than a week, resulting in the government spending a staggering RM107mil a day on petrol and diesel subsidies.
