Rafizi Clarifies Diesel Subsidies: Government Continues Support for Fisheries, Transport, and Logistics
Economy Minister Rafizi Ramli has clarified that the government is still covering the cost of diesel subsidies for eligible sectors, despite the price of diesel being floated. Speaking on the Yang Bakar Menteri (YBM) podcast, Rafizi explained that subsidies are still provided to essential sectors like fisheries, public transport, and logistics, although private users are […]
Government Diesel Subsidies Remain a Burden Despite Rationalisation
Despite efforts to rationalise diesel subsidies, the government continues to shoulder a substantial burden, amounting to RM10 billion annually, as disclosed by the Finance Ministry in a parliamentary written reply. Breakdown of Subsidies According to NST, the ministry revealed that this annual subsidy includes RM4 billion earmarked for the public transport and logistics sectors. Diesel […]