With fuel prices increasing, Malaysians are being encouraged to reconsider their spending, travel choices, and everyday habits.

With fuel prices increasing, Malaysians are being encouraged to reconsider their spending, travel choices, and everyday habits.

PUTRAJAYA, April 14 — As global uncertainty driven by geopolitical tensions and rising oil prices persists, Malaysians are urged to play a role in reducing its impact through mindful spending and consumption.

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Local

PUTRAJAYA, April 14 — As global uncertainty driven by geopolitical tensions and rising oil prices persists, Malaysians are urged to play a role in reducing its impact through mindful spending and consumption.

While early reactions like stocking up are understandable, they should be kept in check to avoid market disruptions. Simple steps such as reducing travel, planning purchases and cutting waste can help lower fuel use and ease subsidy pressures when practiced collectively.

Prime Minister Datuk Seri Anwar Ibrahim said fuel supply is expected to remain stable until at least June, with the government also securing alternative sources.

However, rising subsidy costs remain a concern, with spending increasing significantly due to higher oil prices. Economists warn that if prices stay elevated, Budget 2026 may need adjustment, though there is still fiscal flexibility.

Targeted subsidies, focusing more on lower-income groups, along with support for SMEs through financing and aid programmes, are key to maintaining economic stability.

Overall, coordinated efforts between the government, businesses and the public, along with prudent spending and reduced travel, are crucial to navigating the current challenges. — Bernama

Moderate steps, including reducing daily travel, planning purchases carefully and curbing waste, can have a direct impact on national fuel consumption. — Picture by Raymond Manuel

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