#malaysia #iran #usa #israel : #warofaggression / #southeastasia / #economiccrisis / #straitofhormuz

„Malaysia’s government is under pressure to contain rising living costs and manage a swelling subsidy bill due to higher #oilprices.

The nation’s monthly subsidies for both petrol and diesel have climbed to RM6 billion (S$1.9 billion), from RM700 million before the conflict.“

https://www.businesstimes.com.sg/international/asean/malaysia-has-fiscal-room-support-industries-amid-iran-war

Malaysia has fiscal room to support industries amid Iran war

The nation’s monthly subsidies for both petrol and diesel have climbed to RM6 billion, from RM700 million before the conflict Read more at The Business Times.

The Business Times