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Tenfold increase in subsidies to counter crude oil prices

A TOTAL of RM28bil in fuel subsidies will be paid out this year due to a rise in the global price of crude oil, says Deputy Finance Minister I Datuk Mohd Shahar Abdullah.

RM28bil fuel subsidies to be paid this year due to rise in global crude oil price, says Dep Finance Minister

KUALA LUMPUR: A total of RM28bil in fuel subsidies are needed to be paid by the government this year owing to a rise in global price of crude oil, says Deputy Finance Minister I Datuk Mohd Shahar Abdullah.

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