Λεπτομέρειες βιβλιογραφικής εγγραφής
| Τίτλος: |
Malaysia's Fuel Subsidy Bill May Reach $9.8 Billion, Anwar Says. |
| Συγγραφείς: |
Anand, Ram (AUTHOR) |
| Πηγή: |
Bloomberg.com. 7/1/2026, pN.PAG-N.PAG. 1p. |
| Θεματικοί όροι: |
*Fossil fuel subsidies, *Energy subsidies, *Petroleum export & import trade, *Price regulation, *Fuel costs, *Energy industries |
| Γεωγραφικοί όροι: |
Malaysia |
| People: |
Anwar Ibrahim, 1947- |
| Περίληψη: |
The article focuses on Malaysia's rising expenditure on petrol and diesel subsidies, which could reach 40 billion ringgit ($9.8 billion) in 2026 if current market prices continue. This projection is more than double the 15 billion ringgit allocated in the 2024 budget, driven by disruptions linked to the Iran war. Malaysia caps the price of RON95 gasoline at 1.99 ringgit per liter and subsidizes diesel at 2.10 ringgit per liter for eligible citizens, with monthly subsidy limits in place. Despite being a net energy producer, Malaysia depends on the Strait of Hormuz for about one-third of its crude oil imports, and fuel supplies remain stable amid fluctuating oil prices. [Extracted from the article] |
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| Βάση Δεδομένων: |
Business Source Index |