Malaysia's subsidy reform raises fuel prices for foreigners

Prime Minister Anwar takes 'bold step' to free up government's fiscal space

20250922 Malaysia cars

Traffic in Kuala Lumpur's business district: Under the fuel new scheme, Malaysian citizens will be entitled to 300 liters per month at the subsidized price, with exemptions for ride-hailing drivers © Reuters

NORMAN GOH

KUALA LUMPUR -- Malaysia will restructure its fuel subsidy scheme next week to save government spending for other policies, Prime Minister Anwar Ibrahim announced Monday, marking a shift that allows fuel prices to be higher for foreigners.

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