Govt cancels targeted fuel subsidy programme

PARLIAMENT | The government has decided not to proceed with the targeted fuel subsidy programme (PSP) that was mooted by the previous Pakatan Harapan administration, Parliament heard today.

Domestic Trade and Consumer Affairs Deputy Minister Rosol Wahid told Parliament that his ministry and the Ministry of Finance (MoF) have agreed not to implement the programme after considering the price difference of fuel between the peninsula and East Malaysia, among other factors.

“The decision was made on...