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Malaysia PM Anwar eyes targeted subsidies for low-income groups
November 27, 2022

(File Photo)

In Malaysia, Prime Minister Anwar Ibrahim has announced to abolish subsidies to divert resources towards low income groups in the country.

Talking to media persons in Kualalumpur, he said government agencies to review the implications of narrowing the subsidies, in two weeks.

Malaysia offers subsidies to all citizens, with fuel and cooking oil accounting for the biggest expense.

It also subsidises electricity, sugar and flour.