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Subsidy reform in Malaysia was initiated in July 2010 by Prime Minister Najib Razak via a reduction in subsidies for fuel and sugar. Further cuts in subsidies for these and other products are planned over a three- to five-year period to strengthen government finances and improve economic efficiency.〔Fact Sheet, Subsidy Rationalisation, Prime Minister's Office, 15 July 2010〕 ==Implementation== Prime Minister Najib announced cuts in the subsidies for vehicle fuel, sugar, and gas for cooking that took effect on midnight 15 July 2010.〔5-in-1 price hike: Fuel, sugar and gas up, Malaysiakini, 15 July 2010〕 RON95 and RON97 grades of petrol was subject to a price increase of RM0.05 per litre resulting in prices of RM1.85 and 2.10 per litre respectively. The price of liquefied petroleum gas, commonly known as LPG, was raised by RM0.10 to RM1.90 per kilogram. The price of diesel was fixed at RM1.75 per litre. Sugar increased in price by RM0.25 to RM1.85 per kilogram. Prices for cooking gas have increased by RM0.10 per kilogram. For example, a 10 kg cylinder of cooking gas will increase from RM17.50 to RM18.50.〔 At the start of 2014, the government withdrew subsidies of RON97, a premium grade of petrol. The prime minister stressed that the government would continue to standardise prices in Sabah and Sarawak to protect the rural poor〔Education and health stand to gain, The Malaysian Mirror, 16 July 2010〕 On 1 December 2014, the government of Malaysia officially ended the subsidy of all fuels, taking advantage of low oil prices at the time, potentially saving the government almost RM20 billion ringgit (US$5.97 billion) annually. A managed float mechanism has been put in place where prices would adjust according to the market rate. 〔(【引用サイトリンク】 title=Establishment Post )〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Subsidy reform in Malaysia」の詳細全文を読む スポンサード リンク
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