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KL links fuel subsidy to income

Sceptics say proposed mechanism too complicated and doubt if it can be implemented efficiently
Tuesday, October 28, 2014 - 05:50

Some suggest Malaysia leverage falling oil prices to wean motorists off subsidised fuel. Such a move would deter fuel smugglers and also do away with the need for an ostensibly costly new system.

Kuala Lumpur

IN A bid to reduce fuel subsidies, Malaysia intends to implement a multi-tier system of fuel purchases based on income eligibility.

On Monday, the country's Second Minister for Finance Ahmad Husni Hanadzlah said Malaysians whose monthly income exceeds RM10,000 (S$3,890

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