Economist warns Budi95 fuel subsidy increase could complicate subsidy reforms
The government's decision to restore the Budi95 fuel subsidy eligibility to 300 litres is seen by an economist as a step backwards for subsidy rationalisation. The economist argues for market-determined fuel prices with targeted assistance for vulnerable households. The policy was announced by Prime Minister Anwar Ibrahim as part of measures to ease cost-of-living pressures.