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Why Malaysia's Fuel Price Hike is Wrong

Categories: East Asia, Malaysia, Economics & Business, Governance

Anil Netto uploaded the analysis [1] of Institut Rakyat which described Malaysia's recent decision to slash fuel subsidies as a ‘wrong approach” to address the country's fiscal deficit.

Wastage and corruption should be cut first and income-boosting policies should take effect before subsidies on essential goods should be open to reconsideration.