Mustapa Mohamed says the fuel subsidy will continue as oil and gas remain essential drivers of growth and a key pillar of Malaysia’s development agenda. – The Malaysian Insight file pic, June 23, 2022.
THE government could be shelling out up to RM30 billion in fuel subsidy this year as a result of the sharp increase in oil prices, Minister in the Prime Minister’s Department Mustapa Mohamed said today.
He said it would be more than 170% higher than the RM11 billion it spent last year.
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