KUALA LUMPUR, Oct 7 (Bernama) -- The government spent RM3.886 billion on cooking oil subsidies from 2024 to 2025, compared with RM3.278 billion collected in windfall profit levies from the palm oil industry during the same period, according to the Ministry of Finance (MoF).
Business : Cooking Oil Subsidies Total RM3.886 Bln, Palm Oil Levies RM3.278 Bln In 2024-2025 â MOF
MOF, subsidy, cooking oil, levy, economy
Key takeaways
The government spent RM3.886 billion on cooking oil subsidies from 2024 to 2025, while collecting RM3.278 billion in palm oil levies.
- Cooking oil subsidies total RM3.886 billion for 2024-2025.
- Palm oil levies collected amount to RM3.278 billion during the same period.
- Levies are used to fund programs benefiting the public, including subsidies.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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