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Associated Press News

Associated Press News

Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit

Associated Press News
Summary
Nutrition label

78% Informative

Malaysia will introduce new taxes and revamp gasoline and education subsidies next year .

Prime Minister Anwar Ibrahim unveils national budget for 2025 .

Malaysia spends 80 billion ringgit ( $18 billion ) annually on subsidies, grants and financial aids.

Anwar said the government's tax revenues are low at under 13% of GDP.

VR Score

89

Informative language

94

Neutral language

69

Article tone

semi-formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links