A Pragmatic Approach to Fuel Subsidies and Economic Resilience Amid Global Oil Uncertainty
In view of the current geopolitical situation in the Gulf region, the Consumers’ Association of Penang (CAP) is urging the government and the public to take a pragmatic approach as it is difficult to determine how long the conflict is going to last and the consequences of it. Malaysia’s broad fuel subsidies are expensive and inefficient as they potentially benefit higher-income groups and...
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