BFM 89.9

HIGHLIGHTS 
Podcast  >  Bigger Picture  >  Beyond The Ballot Box  >  Everything You Need to Know About the Diesel Subsidy Reforms

Everything You Need to Know About the Diesel Subsidy Reforms

Dr Geoffrey Williams, Economist

11-Jun-24 15:00

Everything You Need to Know About the Diesel Subsidy Reforms

On the 10th of June, the Malaysian government officially implemented the Diesel Subsidy reform, moving away from decades-old blanket subsidies. The Prime Minister has stressed that this move will save the government billions of ringgit annually and discourage smuggling and corruption. The government also said that the burden of removing these subsidies will only be felt by the T20 income earners and will not impact the B40 and M40. 

So, what are the potential long-term benefits of this reform and are there potential downsides? And what should the government do with the billions of ringgit they are projected to save from this reform?

Image Credit: Shutterstock

Produced by: Dashran Yohan

Presented by: Dashran Yohan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  economy,  government

Tags:  the bigger picture,  beyond the ballot box,  government,  diesel subsidy, 


Latest Podcasts




Play / Pause

Listen now : Bar None: (REPEAT) Sports journalist T. Avineshwaran joins us to talk about...

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) CF Fong, Executive Chairman of LGMS Berhad on how hijacked browser extensions became global security threats, and what SMEs can do to protect their data and workflows.

12:00 PM

Popcorn Culture

(REPEAT) A review of the latest attempt to reboot Superman and launch a DC movie franchise, followed by a discussion about the best superheroes of all time.

1:00 PM

Cruise Control

(REPEAT) Should you consider a used Proton X50, especially now? Daniel Fernandez from dsf.my shares his thoughts on the subject!

2:00 PM

Matt-Splained

(REPEAT) Matt and Richard discuss the narratives behind Builder.ai and what led to its downfall.

3:00 PM

Earth Matters

(REPEAT) The Bonn climate talks concluded with more gaps than gains, raising concerns for developing nations and the 1.5°C global warming limit on the road to COP30. Meenakshi Raman, the President of Sahabat Alam Malaysia, helps to unpack these implications.

4:00 PM

Bar None

(REPEAT) Sports journalist T. Avineshwaran joins us to talk about Harimau Malaya and the upcoming Malaysia Super League.

5:00 PM

BBC World Service

Two doctors from South Africa and Australia tell Ella Al-Shamahi from The Conversation about the rewards of working in rural communities and the challenges of being hundreds of miles from the nearest large hospital.