Up to RM17bil in savings if T20 not given fuel subsidy


THE government stands to save up to RM17bil in its coffers if the T20 group is exempted from enjoying fuel subsidies, says Deputy Finance Minister Datuk Seri Ahmad Maslan.

According to him, this is because Putrajaya had spent RM50.8bil in subsidies for petrol, diesel and liquefied petroleum gas (LPG) last year, and it was estimated that the T20 group received about 35% or RM17.8bil of the subsidies spent, while the M40 group took 41%, with the B40 group taking 24%.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
At The Dewan Rakyat

Next In Nation

UTM to collaborate with Peking university
Australia deports M'sian with child sexual abuse material found on his phone
Seven nabbed during anti-human trafficking raid in Taman Maluri
Ex-army chief charged with money laundering involving RM2.1mil
Defence industry players welcome new national policy for self-reliance
Over 248,000 job offers given to rehabilitated addicts since 2020
Cops recorded 179 cases of drugs sold on digital platforms since 2023
Over 1,200 murder cases recorded from 2021 to 2025
Average of 3,169 new HIV cases recorded annually since 2018
Total of 478 foreign vessels detained between 2020 and 2025

Others Also Read