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Inflation would have hit 11% if govt discontinued subsidies, says PM

Inflation would have hit 11% if govt discontinued subsidies, says PM

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Prime Minister Ismail Sabri Yaakob has told the Dewan Rakyat that Malaysia’s inflation rate would have risen to between 8 and 11% if the government withdrew subsidies. – The Malaysian Insight file pic, July 18, 2022.

THE government’s continuous intervention and commitment to providing subsidies makes Malaysia’s inflation the lowest in Southeast Asia, and probably even in the whole world, Prime Minister Ismail Sabri Yaakob told the Dewan Rakyat today.

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