More than RM43b spent on fuel, electricity subsidy in 2022

A total of RM43.1 billion has been spent on fuel and electricity subsidies in 2022, not including RM6 billion paid to Tenaga Nasional Berhad (TNB) to ensure an uninterrupted power supply.

This consists of RM37.3 billion in petrol, diesel, and liquified petroleum gas subsidies and RM5.8 billion to subsidise electricity, Prime Minister Ismail Sabri Yaakob revealed.

As such, the prime minister said it is prudent to...