Govt maintains targeted subsidies as inflation eases to 1.8pc
KUALA LUMPUR: The national inflation rate dropped to 1.8 per cent last month compared with 1.9 per cent in August 2026, indicating that overall price pressures remain under control.
The Malaysian government has maintained targeted subsidies as inflation eased to 1.8 percent last month, according to a report from the New Straits Times. Economy Minister Akmal Nasrullah Mohd Nasir stated that the government is taking the inflation situation seriously, given rising global fuel prices and mounting production costs.
To shield the public from the impact of higher fuel prices, the government has implemented targeted subsidies, including the Budi Madani RON95 and Budi Madani Diesel programs. The government is also maintaining targeted subsidy controls, such as the Subsidised Petrol Control System and the Subsidised Diesel Control System, to ease cost pressures on transport and logistics sectors.
Additionally, the government has increased the allocation for the Jualan Rahmah Madani and Jualan Agro Madani programmes to RM750 million in 2027, with a focus on expanding these initiatives to rural areas and low-cost housing schemes.
Brief written by urgent.news from New Straits Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
