Tag Archives: fuel subsidies

Malaysia could spend nearly $2 bln on fuel subsidies this year – finance ministry

Malaysia is expected to spend 8 billion ringgit ($1.95 billion) on fuel and cooking oil subsidies this year, more than double the 3.78 billion ringgit originally allocated, the finance ministry said on Saturday. The announcement comes as Malaysia looks to boost public assistance measures amid fresh coronavirus lockdowns imposed this month. The costs of retail […]