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Fuel subsidy mechanism to be introduced early next year
Last update: 12/09/2018
KUALA LUMPUR, Sept 12 (Bernama) -- The government is expected to announce a new mechanism for fuel subsidy early next year while ensuring that it would not require a huge allocation for the purpose.
Deputy Finance Minister Datuk Amiruddin Hamzah said the government would also ensure that the implementation of the targeted fuel subsidy system would be smooth.
“We are working hard towards it and we hope that we can make the announcement early next year. The sooner we get it finalised, the sooner we can get it launched,” he told reporters after officiating ‘The Digital Economy: Unlocking its Full Potential to Drive Malaysia’s Development’ forum organised by the ministry and the World Bank Group’s Global Knowledge and Research here, today.....