Govt could save up to RM17 billion if T20 not given fuel subsidies, says deputy minister
Ahmad Maslan says in 2022, consumption of fuel by the B40 was only 24%, compared to 41% by the M40 and 35% by the T20.
Indonesians told to prepare for potential fuel price hike
Southeast Asia's largest economy has tripled this year's energy subsidy budget to US$34.22 billion in order to keep some fuel prices and power tariffs unchanged and manage inflation.
Fuel subsidies surged by up to 10 times since 2021, says finance minister
Tengku Zafrul Aziz says subsidies for petrol, diesel and liquefied petroleum gas increased from RM200 million for January 2021 to more than RM2 billion for January 2022.
