Time to rein in subsidies

Time to rein in subsidies

The Star Online - Business·2026-06-06 08:01

MINISTRIES are now in the crosshairs of the Finance Ministry, as they’re being asked to tighten their belts to cope with the massive fuel subsidies that have wrecked havoc on government finances.

With the fuel subsidy bill running at a scorching RM6bil to RM7bil a month, the original fuel subsidy allocation of RM15bil under Budget 2026 has been exhausted.

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