Malaysia’s Fuel Subsidy Bill Swells to $1.8 Billion in April

Malaysia’s government expects to spend about 7 billion ringgit ($1.8 billion) on fuel subsidies in April, roughly ten times more than what it was paying before the Iran war.

By Ram Anand, Kok Leong Chan · Bloomberg Markets

Malaysia’s government expects to spend about 7 billion ringgit ($1.8 billion) on fuel subsidies in April, roughly ten times more than what it was paying before the Iran war.