Government to spend RM45 billion on subsidies this year
The government will spend RM45 billion on subsidies this year to soften the impact of rising prices of goods and fuel in the international market, Prime Minister Datuk Seri Abdullah Ahmad Badawi said today.
The government would offer Rs3.8 billion in generation-based subsidies to wind power projects feeding power into the national grid, its ministry of new and renewable energy said on Thursday.