Malaysia will continue with its fuel subsidy reform despite the possibility of a general election this year, according to Deputy Finance Minister Liew Chin Tong.
The government is considering whether to “slightly reduce the quota” of subsidized fuel for Malaysians to manage demand, while ensuring that lower-income individuals are protected in the global energy crisis, Liew said at an event on Tuesday. Another measure under review is to shift diesel usage for Borneo states to a similar subsidized allocation mechanism, he said.