A delicate balancing act

A delicate balancing act

The Star Online - Business·2026-05-02 08:01

IT was just a matter of time when serious adjustments had to be made to pay for the ever rising subsidy bill from higher fuel costs resulting from the Iran war.

A savings plan of RM10bil was hatched from recalibrating budgetary expenses. Cuts to non-essential health spending and other big-ticket budget items like the Higher Education Ministry were repurposed to pay for the higher subsidies.

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