Budget 2025: Targeted RON95 subsidies to be implemented from mid-2025, says Anwar


Pics for story on petrol Ron 95 subsidy on October 18.—AZMAN GHANI/The Star

PETALING JAYA: Prime Minister Datuk Seri Anwar Ibrahim says a targeted subsidy plan for RON95 fuel will be implemented in the middle of next year.

He said the savings made by the government would continue to be used for the betterment of the people.

He said it could not be denied that foreigners and the upper 15% of the super rich are enjoying the current 40% subsidy meant for the RON95 fuel.

"It must be reminded that this RM8bil is better used for upgrading education facilities, healthcare and public transport."

He said the government had been subsiding RON95 up to RM20bil until 2023.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
RON95 , Subsidies , Targeted

Next In Nation

SPM 2025 results improve across most states
Ipoh factory workers’ daughter among top SPM scorers at SMK Raja Permaisuri Bainun
Long running family feud ends in fatal shooting using homemade shotgun in Tenom
High Court orders Najib to pay US$1.3bil to SRC over breach of fiduciary duty
Gig economy platforms given six months to integrate with PERKESO system, says Ramanan
BYD licence terms part of wider policy, says Johari
Gig Workers Act 2025 comes into force today
No 20% cap on BYD local sales, Johari dismisses claims
Two fireworks traders fined RM2,000 each over blaze that destroyed stall, vehicles
Tougher laws, including lifetime ban, needed against fatal DUI cases, says Negri exco member

Others Also Read