Consider This: Oil Prices Surge (Part 2) — Tough Choices Ahead

With oil prices surpassing USD100 a barrel, policymakers are under pressure to balance rising subsidy costs against inflation and public expectations. The government has already moved to adjust fuel subsidies, but questions remain over whether that goes far enough. Does Malaysia have the fiscal capacity to weather a prolonged period of high energy prices? On this episode of #ConsiderThis Melisa Idris speaks with Distinguished Prof Datuk Dr Rajah Rasiah, Executive Director of Universiti Malaya’s Asia-Europe Institute.