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RM19b in subsidies for IPPs to be reduced

2015-08-21 4 Dailymotion

Fuel subsidies for the independent power producers (IPPs) are up for review and the rates will be reduced, Minister in Prime Minister's Department Idris Jala told Malaysiakini in an interview.

Taking the bulk of the subsidies for petroleum products provided by the federal government, Idris said some of the contracts were expiring and the subsidies offered are up for review.


Full story: http://malaysiakini.com/news/164579