Govt in midst of testing targeted petrol subsidy mechanism

KUALA LUMPUR: The government is still testing the targeted subsidy mechanism for petrol to ensure the system being implemented is suitable and easy to use for both the urban and rural areas.

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz reiterated that the testing will take three to six months before the start of the phased implementation which is intended to prevent a surge in inflation or adverse impact on the economic growth momentum.