KUALA LUMPUR, April 27 — Prime Minister Anwar Ibrahim is reportedly considering calling a general election as early as October.
As his administration weighs politically sensitive fuel subsidy cuts amid a global energy crunch. Sources indicate discussions remain at an early stage, with no final decision made.
The move could come before further subsidy rationalisation, which may lead to higher fuel prices for certain groups, becomes unavoidable.
Malaysia’s fuel subsidy bill has surged sharply due to rising global oil prices linked to geopolitical tensions, putting pressure on fiscal targets.
Analysts suggest early polls could allow the government to secure a fresh mandate before implementing difficult economic measures.
While reforms towards targeted subsidies are underway, authorities maintain that protecting the majority from price volatility remains a priority.
Even as economic and political considerations shape the timing of any election. – Bloomberg
