Asia

Malaysians Brace As Government Cuts Key Subsidies to Balance Budgeti
X
January 08, 2014 2:21 PM
Malaysian authorities are slashing subsidies on fuel, natural gas and sugar in a bid to get government debt under control. As the steps take a hit on consumers’ finances, critics say authorities should instead target government waste and graft. Mahi Ramakrishnan reports from Kuala Lumpur.

Malaysians Brace As Government Cuts Key Subsidies to Balance Budget

Published January 08, 2014

Malaysian authorities are slashing subsidies on fuel, natural gas and sugar in a bid to get government debt under control. As the steps take a hit on consumers’ finances, critics say authorities should instead target government waste and graft. Mahi Ramakrishnan reports from Kuala Lumpur.


You May Like

Philippines, Muslim Rebels Try to Salvage Peace Pact

Peace process faces major setback after botched military operation to find terrorists results in bloody gunbattle between government forces, Moro Islamic Liberation Front fighters More

Republicans Expect Long, Expensive Presidential Battle

Political strategist says eventual winner will be one who can put together strongest coalition of various conservative groups that make up Republican Party More

Video New Wheelchair Is Easier to Use, Increases Mobility

Engineers have come up with a lever-operated design that makes use of easily accessible bicycle technology More