
Ensuring Fair Access: Moving from Blanket to Targeted Fuel Subsidies in Malaysia
Malaysia’s blanket fuel subsidy system, though designed to provide universal benefits, has inefficiencies and unintended consequences. This system, exemplified by subsidies for RON95 petrol and diesel, extends benefits indiscriminately, including to foreign entities and higher-income households, while facilitating activities like smuggling. These issues underscore the urgent need for a...
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