Subsidy reform in Malaysia

Subsidy reform in Malaysia was initiated in July 2010 by Prime Minister Najib Razak via a reduction in subsidies for fuel and sugar. Further cuts in subsidies for these and other products are planned over a three- to five-year period to strengthen government finances and improve economic efficiency.[1]

  1. ^ Fact Sheet, Subsidy Rationalisation, Prime Minister's Office, 15 July 2010