Fuel subsidy could surge to RM30 billion this year, says Mustapa


Desmond Davidson

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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