Diesel subsidy costs RM1bil a month, says Amir


PETALING JAYA: Diesel subsidies cost the government RM1bil a month, while losses from leakages amount to a whopping RM4.5mil a day, says Finance Minister II Datuk Seri Amir Hamzah Azizan.

He said the implementation of the targeted subsidy for diesel is among the key reform measures under the Ekonomi Madani framework to ensure sustainable fiscal management and to address the issue of serious leakages within the system, without compromising the rakyat’s welfare.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

NSE diversions to facilitate Yong Peng-Senai route construction, say PLUS
‘Parliament will not be the same without him’ says Abdul Karim of Bung Moktar’s passing
Kedah MP arrested over alleged corruption in state-owned cattle project
Hajiji pays last respects to Bung Moktar
Sabah has lost 'a golden son', says former Chief Justice
Albert Tei rubbishes speculation on Dr M meet-up
Flood numbers drop in Perak, Perlis, up slightly in Selangor
Bung Moktar to be laid to rest at Kg Likas Muslim Cemetery after Friday prayers
Shamsul Iskandar, Albert Tei claim trial to RM64,924 bribery charges
Anwar conveys condolences to Bung Moktar’s family

Others Also Read