Govt to bear over RM10 billion in power subsidies, says Nik Nazmi
The government has made RM5.4 billion in electricity subsidy savings from January 1 to June 30, says Natural Resources, Environment, and Climate Change Minister Nik Nazmi Nik Ahmad. – The Malaysian Insight file pic, May 25, 2023.
THE government has committed to financing RM10.76 billion in electricity bill subsidies from January 1 to June 30, Natural Resources, Environment, and Climate Change Minister Nik Nazmi Nik Ahmad said. He said this is to ensure 9.5 million electricity users, representing 99% of all users in the peninsula, will not be affected by the rise in fuel costs for power generation.
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