Cooking oil subsidies of RM3.88bil exceeded palm oil windfall levy collections, says Finance Ministry
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What happened
KUALA LUMPUR: The Government spent RM3.886bil on cooking oil subsidies in 2024 and 2025, more than the RM3.278bil it collected from the windfall profit levy on palm oil over the same period, says the Finance Ministry. (Google News · The Star, NST, The Edge (no own RSS), 08:59)
The reporting
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Photo: thestar.com.my thestar.com.my·News·EN·8 Oct, 08:59 MYTCooking oil subsidies of RM3.88bil exceeded palm oil windfall levy collections, says Finance Ministry
KUALA LUMPUR: The Government spent RM3.886bil on cooking oil subsidies in 2024 and 2025, more than the RM3.278bil it collected from the windfall profit levy on palm oil over the same period, says the Finance Ministry. The ministry said the levy was imposed only on profits above…
Read at thestar.com.my
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- DetectedFirst detected (Google News · The Star, NST, The Edge (no own RSS)) source
- StateOver
single source and no mention for 26h
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How it spread
- Step 1News outletsGoogle News · The Star, NST, The Edge (no own RSS)08:59
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- Covered by 1 established outlet(s): Google News · The Star, NST, The Edge (no own RSS)
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