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

Johor polls: Higher voter turnout will give the winner a stronger mandate, says Maszlee
Student falls from third floor of Kedah school
Thailand to open new border crossing with Malaysia to boost trade, logistics, and tourism
Durian Tunggal fatal shooting: Explain eight-month prosecution delay, Gobind told AG
Kuala Terengganu MP admitted to IJN following health issues in Parliament
Johor polls: Early voter turnout at 94.49pc, says EC
Johor polls: KTMB offers additional 7,464 ETS tickets with 20% discounts
Actress held after allegedly testing positive for meth in KL entertainment outlet raid
Act amendments in the works to resolve Felda second-generation housing crisis, says PM
Johor polls: Strong transportation demands encouraging sign of voter turnout

Others Also Read