Malaysia Minister on Fuel Subsidy, Deficit Goals

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Malaysia's Second Finance Minister, Amir Hamzah Azizan, indicated that the country may miss its 2026 fiscal deficit targets due to increased fuel subsidy costs driven by the Iran conflict. The rising fuel costs pose fiscal challenges amid geopolitical tensions.

Malaysia may not meet its fiscal deficit targets for 2026 as the Iran war drives up the cost of fuel subsidies, Second Finance Minister Amir Hamzah Azizan exclusively tells Bloomberg's Haslinda Amin at the Invest Malaysia event. (Source: Bloomberg)

Politics Markets Energy Malaysia fuel subsidies fiscal deficit Iran conflict economic impact government

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