DAP MP Yeo Bee Yin has cautioned that removing RON95 fuel subsidies for the T20 income group could trigger inflationary pressures and negatively impact the broader economy. She warned that cost increases may ripple through supply chains and affect consumers beyond the targeted group.
Yeo Bee Yin Warns RON95 Cuts Could Trigger Inflation
Her remarks come amid ongoing discussions on subsidy rationalisation, as the government looks to reduce fiscal burden from rising fuel subsidy costs. Analysts note that subsidy reforms must be carefully calibrated to avoid unintended economic consequences.
Yeo urged policymakers to ensure that any changes are gradual and supported by strong data, highlighting the need to balance fiscal sustainability with economic stability and public welfare.
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