KUALA LUMPUR - Malaysia is set to cut fuel subsidies by June, a major economic reform that will be a key test of support for the Pakatan Harapan-led unity government as the public grapples with high living costs.
Official and industry sources told The Straits Times that diesel prices will float to market rates in a matter of weeks after the Kuala Kubu Bharu by-election on May 11. This will be followed by a staggered rise in retail rates of petrol.
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