The government will implement a floating diesel price mechanism alongside targeted diesel subsidies to curb fuel subsidy leakages, which have become increasingly prevalent. Finance Minister II Datuk Seri Amir Hamzah Azizan said the diesel subsidy, which amounted to RM1.4 billion in 2019, surged tenfold to RM14.3 billion last year due to several factors. He highlighted […]
The government will implement a floating diesel price mechanism alongside targeted diesel subsidies to curb fuel subsidy leakages, which have become increasingly prevalent. Finance Minister II Datuk Seri Amir Hamzah Azizan said the diesel subsidy, which amounted to RM1.4 billion in 2019, surged tenfold to RM14.3 billion last year due to several factors. He highlighted […]