KUALA LUMPUR (AFX-ASIA) – The government will incur a tax exemption and subsidy of RM829.1 million in May compared to RM738.1 million in April as it leaves the retail price of petrol and diesel unchanged this month, Domestic Trade and Consumer Affairs Minister Muhyiddin Yassin said (US$1=RM3,8). The New Straits Times quoted Muhyiddin as saying…
MALAYSIA: Subsidies to maintain gasoline, diesel prices raised in May
Posted on May 14, 2003 by EnergyAsia