[1] Prime Minister Najib announced cuts in the subsidies for vehicle fuel, sugar, and gas for cooking that took effect on midnight 15 July 2010.
Moody's Investors Service said that Malaysia's subsidy cuts were partially responsible for maintaining its standing in financial markets and that there is "upward pressure" on its bond rating.
Malaysian fisherman often abandon fishing to sell fuel intended for their boats to their counterparts in countries like Thailand and Indonesia that do not offer similar subsidies.
According to Domestic Trade, Cooperatives and Consumerism Minister Ismail Sabri Yaakob businesses eligible for subsidised sugar often dramatically over-order and illegally sell their surplus to industries that are not targeted for subsidy.
[9] In November 2022, 10th Malaysian Prime Minister Anwar Ibrahim announced a review of government subsidies, aiming to direct funds towards lower-income groups.