Govt finalising RON95 subsidy eligibility, says Amir Hamzah


KUALA LUMPUR: The government is in the final stage of concluding eligibility criteria and implementation methods for RON95 fuel subsidies with stakeholders, Finance Minister II Datuk Seri Amir Hamzah Azizan said.

He said the subsidy targeting mechanism would be carefully designed to ensure the majority of eligible citizens are not affected.

"The government is also working with petrol station operators to ensure the MyKad payment system can be used at pumps once the RON95 subsidy is rolled out at the end of this month,” he told the Senate during question time on Monday.

He was responding to a supplementary question from Senator Rose Suryati Alang on the latest approach to fuel subsidies and the smoothness of implementation.

Amir Hamzah, who is also serving as the Economy Minister, stated that the government would utilise the data from the Central Database Hub (Padu) system to determine eligibility, ensuring that only those truly qualified would benefit.

"We will announce and implement this at the end of the month with assurance that eligible citizens will receive the subsidies as intended,” he added. - Bernama 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Amir Hamzah , RON95 , criteria , MyKad , Dewan Negara

Next In Business News

AirAsia X targets up to US$600mil debt restructuring after combining airlines
Telenor sells its stake in Thailand's True Corporation for US$3.9bil
Societe Generale to cut 1,800 jobs in France
Bank Negara’s international reserves climb slightly to US$125.6bil
Bank Negara leaves OPR steady at 2.75%, as widely expected
Ringgit trading signals growing global confidence in Malaysia
Chipmakers driving AI boom
Nationgate says IRB investigation completed, records in order
CIMB upgraded to AAA in MSCI ESG ratings on stronger sustainability practices
Poultry farmer Hock Soon Capital seeks to raise RM60mil from IPO

Others Also Read