Economic Policy
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Malaysia Considers Cutting Petrol Subsidies for High-Income Earners
The Malaysian government is actively exploring a significant policy shift: the potential reduction of petrol subsidies for the T20, or top 20% income group. This consideration, as articulated by Prime Minister Datuk Seri Anwar Ibrahim, stems from the need to navigate the current economic climate and ensure fiscal sustainability. The proposal is not being taken lightly; it has been under meticulous…