Malaysia to shield RON95 prices even if subsidy bill hits $14 billion

· Economy · Malaysia

Malaysian Prime Minister Anwar Ibrahim said Malaysians will be spared higher RON95 petrol prices even if the subsidy bill reaches $14 billion. Absorbing the higher subsidy costs would protect households from further pressure on their daily expenses, he said. The commitment highlights how governments across Asia are spending heavily to cushion fuel costs amid elevated energy prices.

Why it matters：Fuel subsidies strain budgets while shielding consumers, a trade-off many emerging economies face as energy prices remain high.

Key points

  • Anwar said RON95 prices will not rise for Malaysians.
  • The subsidy bill could reach $14 billion.
  • The aim is to protect households' daily expenses.

Sources (original reporting)

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