Fuel subsidy programme to begin in January

Rapt viewers: Visitors and staff of Senheng Electric in Petaling Jaya watching the live Budget 2020 announcement.

KUALA LUMPUR: The RM2.2bil fuel Targeted Subsidy Programme (PSP) will be launched in January next year and is expected to benefit more than eight million motorists.

Finance Minister Lim Guan Eng said individuals who owned not more than two cars and two motorcycles were eligible to receive PSP for one vehicle.