[EP38] BTH: Fuel subsidy rationalisation & modern slavery

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[EP38] BTH: Fuel subsidy rationalisation & modern slavery


In the latest episode of Beyond the Headlines, we explore Malaysia’s fuel subsidy rationalisation plan aimed at saving RM4 billion annually, starting with the removal of blanket diesel subsidies. Economist Dr Geoffrey Williams discusses how to ensure these subsidies benefit those who truly need them.

We also delve into the heartbreaking case…

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14 Comments

  1. My suggestion is to have the Fuels Retailing representative next time which can explain the fleet card process better and will address the concern of a grey market issue. I have been in the Fuel Retailing industry for the past 26 years and the explanation could have been better. Good effort though.

  2. Recently the MACC revealed that some RM277 billion has been lost to corruption. Kacang putih. Nobody even bats an eyelid, certainly not the Pardons Board. But when Madani reveals that the gov't stands to save RM4 billion annually through petrol subsidy rationalization, the ministers immediately start drooling?

    Remember the election battle cry, "HARI NI PH BENTUK KERAJAAN, ESOK PETROL TURUN"…? Good luck trying to pretend Anwar never said it.

  3. Ending fuel subsidy will move our nation forward, there are alternatives on the table such as Electric Cars. Renewables energy are where government subsidies should focus on. Cheap and abundant amount of clean and renewable energy is where economics are driven from now on.

  4. I hope that the targeting of this oil subsidy will also be used near the East Coast of Sabah, because from what we see the East coast of sabah is the largest foreign migrant settlement, especially from the filipina and Indonesia, many people from the philippines and indonesia from the south and Kalimantan buy oil malaysia and use the oil for the purpose of boat cruises for fishermen, not only oil but also food items such as rice and others