Rafizi: Govt prepared for choppy waters when rolling back petrol subsidy

BUDGET 2025 | The government is prepared for choppy waters ahead over its commitment to rolling back petrol subsidies in mid-2025, said Economy Minister Rafizi Ramli.

In an interview with Bloomberg Television, he acknowledged that the politically sensitive pledge is likely to evoke a public backlash when it takes effect.

“It’s a once-in-a-generation decision that affects everyone’s lives.

“My hope, and our responsibility in the government, is to make sure that we manage this properly so that it is sustainable...