The Madani government’s decision to push ahead on dismantling the broad-based fuel subsidy scheme, as part of the revised 12th Malaysia Plan announced last week, has been viewed as politically risky.

The move, which could also risk knock-on inflation at a time of rising cost of living, may be capitalised by the opposition to destabilise the Pakatan Harapan-BN pact.

But the plan’s architect, Economy Minister Rafizi Ramli, believes...