KUALA LUMPUR (March 5): The restructuring of subsidies has been implemented in a controlled and targeted manner so as not to burden the majority of the population, particularly low- and middle-income groups. The Ministry of Finance (MOF) said this approach allows assistance to be more accurately targeted, reduces leakages, and ensures that fiscal resources are used more efficiently and progressively. “From a macroeconomic perspective, the restructuring of subsidies has not triggered widespread price pressures. The MOF was responding to a question from Senator Datuk Halim Suleiman regarding the actual impact of subsidy restructuring on the cost of living for low- and middle-income households. Meanwhile, for the M40 group, spending increased from around RM575 to RM606 per month during the same period.

Source: The Edge Markets March 05, 2026 14:58 UTC