: The government is currently evaluating the need to implement subsidy rationalisation for RON95 petrol, said Economy Minister Rafizi Ramli.
“If the subsidy rationalisation on RON95 petrol is implemented in the future, the government will take appropriate measures to ensure that the affected people will be given appropriate assistance,“ he said in a written reply in the Dewan Rakyat, yesterday. Additionally, in a written reply to Datuk Mohd Shahar Abdullah , Rafizi said that the realignment of fuel subsidies is expected to have an impact on the country’s inflation rate.
“Bank Negara Malaysia through its publication of the 2023 Economic and Monetary Outlook expects the implementation of subsidy rationalisation to have short-term implications for the country’s inflation rate.
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