Effects Of Diesel Subsidy Rationalisation On Inflation, Ringgit And Fixed Income

Firdaos Rosli, Chief Economist, Ambank Group

27-May-24 07:45

Effects Of Diesel Subsidy Rationalisation On Inflation, Ringgit And Fixed Income

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The implementation mechanism and date of targeted diesel subsidy is to be announced soon to make prices in Peninsula Malaysia closer to market levels versus the current subsidised price of RM2.15 per litre. We ask Firdaos Rosli, Chief Economist of Ambank Group what impact this will have on inflation, the Ringgit and even the bond market.

Image Credit: jcomp / freepik.com

Produced by: Wong Shou Ning

Presented by: Wong Shou Ning, Shazana Mokhtar

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Categories: sponsored content, economy, politics, government, international, Law/Activism

Tags: celcomdigi2024, diesel subsidy, malaysia cpi, fiscal reforms, Prime Minister Anwar Ibrahim, inflation,

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