Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
High oil prices bring fiscal and political risks to Malaysia

High oil prices bring fiscal and political risks to Malaysia

金十金十2026/04/09 02:17
Show original
```htmlGolden Ten Data reported on April 9 that GeoQuant, a risk analysis company affiliated with Fitch Ratings Agency, stated that surging oil prices are putting pressure on subsidy policies ahead of state elections, and Malaysia is facing increasing fiscal and political risks. The government has reduced fuel subsidy quotas by one third to control costs and maintain fiscal discipline. However, public concerns over fuel prices may intensify as elections approach. If oil prices fall, prudent policy responses could provide support for Prime Minister Anwar Ibrahim and potentially pave the way for an early federal election. However, if oil prices remain high, the government may be forced to adopt tighter fiscal measures, creating pressure on state elections and postponing the federal election originally scheduled for February 2028.```
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

A key leap toward the internationalization of the Korean won: The Bank of Korea launches a trial run of its 24/7 international settlement system, with full deployment set for January next year.

The Bank of Korea officially launched the trial operation of the "BOK Won International Payment Network" on Monday local time.

智通财经2026/09/21 07:31

Offshore oil and gas module equipment company VME (VME.US) aiming for Nasdaq listing, plans to raise up to 30 million USD

Offshore oil and gas process module and separation equipment company VME Companies has applied for an IPO on Nasdaq, aiming to raise up to $30 million, with Kingswood as the sole bookrunner.

智通财经2026/09/21 07:16

Hypertension drug developer Retension (RTSN.US) applies for US listing, plans to raise $58 million.

U.S. hypertension drug developer Retension Pharmaceuticals filed documents with the SEC last Friday, planning to raise up to $58 million through an initial public offering (IPO).

智通财经2026/09/21 07:11

Pfizer (PFE.US) overseas price increase gains to be shared with the U.S. government: "Most Favored Nation" contract revealed, over twenty transactions still confidential

According to reports, under a new contract with the U.S. Department of Health and Human Services, Pfizer will share higher overseas drug revenues with the United States.

智通财经2026/09/21 07:11