BN Government is cutting subsidies due to massive public debts and huge deficit
Deputy Prime Minister Muhyiddin Yassin said .... “We cannot guarantee there will be no increase in the prices of goods. We cannot control the prices but where the government can intervene to decrease public burden, then we will."
Escalating public debt and a record budget deficit have forced the Najib administration to reduce subsidies on several basic items like fuel and sugar already undergoing subsidy cuts.
