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WATCH: Malaysia Economy Minister Rafizi Ramli tells Bloomberg’s David Ingles exclusively targeted subsidies will save the govt at least one to two billion dollars.

Bloomberg.comAnisah Shukry

WATCH: Malaysia Economy Minister Rafizi Ramli tells Bloomberg’s David Ingles exclusively targeted subsidies will save the govt at least one to two billion dollars.

Malaysia is counting on its plan to cut subsidies next year to help narrow the budget deficit, giving the government room to avoid resorting to “too many taxes,” according to Economy Minister Rafizi Ramli.

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