A flexible model for fuel subsidy reform in Malaysia

• Main Authors: Ismail, Shahrina, Lim, Fong Peng, Lau, Gee Choon, Yow, Kai Siong
• Format: Article
• Language: English
• Published: Akademi Sains Malaysia 2024
• Online Access: http://psasir.upm.edu.my/id/eprint/112550/1/112550.pdf; http://psasir.upm.edu.my/id/eprint/112550/; https://www.akademisains.gov.my/asmsj/article/a-flexible-model-for-fuel-subsidy-reform-in-malaysia/

Due to the current spike in crude oil prices and the economic uncertainty, the government of Malaysia is in the midst of revising the current fuel subsidy scheme that imposes caps on both petrol RON95 and diesel. Under the current scheme, all citizens are allowed to refuel subsidised petrol without...