PETALING JAYA: The government should consider introducing a tiered pricing mechanism for fuel subsidies to reduce the burden on the nation’s coffers, says an economist. Geoffrey Williams suggested a model where motorists receive a full subsidy for minimal usage, with the subsidy gradually decreasing once a certain threshold is crossed. On managing the government’s financial burden, Williams warned against relying on austerity measures to foot the multi-­billion-ringgit fuel subsidies. Economist professor emeritus Dr Barjoyai Bardai said the fuel subsidy quota should reflect realistic consumption patterns. He also said the tiered model for fuel subsidies is more efficient and fairer to Malaysians.

Source: The Star March 27, 2026 08:22 UTC