BNM governor Zeti Akhtar Aziz described the move to remove RON95 subsidies as a “very positive development” for the economy as consumers will benefit from lower prices.
Fuel subsidy removal will not be inflationary, says Zeti
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The removal of subsidies for RON95 petrol and diesel will not have any inflationary consequences to the country's economy as global crude oil prices are softening, says Bank Negara Malaysia (BNM) governor, Zeti Akhtar Aziz.