Malaysia Says Its Subsidy Bill to Rise Due to Higher Oil Prices

Malaysia’s subsidy bill will increase because of higher oil prices caused by the war in the Middle East, said Second Finance Minister Amir Hamzah Azizan.

By Kok Leong Chan · Bloomberg Markets

Malaysia’s subsidy bill will increase because of higher oil prices caused by the war in the Middle East, said Second Finance Minister Amir Hamzah Azizan.