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Rafizi: Subsidies to cost RM100b if oil hits US$100 mark

PARLIAMENT | The government may have to bear more than RM100 billion in subsidies annually if the world crude oil price hits US$100 (RM470) a barrel, said Economy Minister Rafizi Ramli.

He said the subject of targeted subsidy is unavoidable when it comes to the big shift that needs to be done to... 


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