Ramlan Askolani

Diesel Subsidy is No More

The long speculated end to fuel subsidy is here. Well, almost. The end of blanket diesel subsidy in Peninsular Malaysia comes with trepidation, as the rationalisation is long overdue. Yet, the years of delay in the rationalisation may have structurally weakened the nation's economy. The big-bang approach to rationalise the diesel subsidy too is worrisome, as there may not be adequate room for Malaysian businesses, be they micro-SME or SME, to land on their two legs.
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