Malaysia Set to Cut Fuel Subsidies with Updated Citizen Profiles

The Malaysian government has announced that over half of its citizens have provided updated profiles, allowing for plans to cut fuel subsidies and strengthen finances. Economy Minister Rafizi Ramli revealed that 11.55 million Malaysians over 18 years old submitted their details, surpassing the March 31 target. These updates, including personal income and expenses, make up 58.7% of citizen profiles. This development paves the way for Malaysia to proceed with its long-awaited goal of cutting fuel subsidies and improving financial stability.