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%.

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