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Malaysians Brace Themselves as Government Cuts Key Subsidies

Malaysian authorities are slashing subsidies on fuel, natural gas and sugar in a bid to get government debt under control. As the steps take a hit on consumers’ finances, critics say authorities should instead target government waste and graft.   The Malaysian government has been running deficits since the Asian financial crisis in 1998. Late last year, it took its first major step to reign in spending by slashing huge fuel subsidies. People, like mother of two Chan Sook Peng, say...

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