08/10/20181min
The government, which has promised to stabilise the fuel prices and reintroduce fuel subsidies to targeted groups in its manifesto, has yet to make decision on its fuel subsidy plans.
“We are still drafting it. We have not come up to a number yet, and whether there is a decrease or increase (in fuel subsidy) we will see when we table it in the parliament,” Minister of Entrepreneur Development Mohd Redzuan Md Yusof said.
“We are still trying to make estimates to what impact it (the subsidy plans) has to the economy of the country,” he added.
On Budget 2019, Mohd Redzuan said the government is trying its best to come up with a fair and balanced budget, noting there will be an increase in the development expenditure.