Malaysia's fuel subsidy may rise to $10 billion

Malaysian Prime Minister Anwar Ibrahim预计 that the country will spend up to 40 billion ringgit (approximately $9.8 billion) on fuel subsidies in 2026 if global energy prices remain high. This amount is more than double the allocated budget. The government had previously allocated 15 billion ringgit for fuel subsidies that year, with expenses rising to 5 billion ringgit per month during March and April due to the war in Iran. He emphasized that the government will continue to monitor fiscal conditions to maintain the sustainability of subsidies and financial stability.

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