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.