The Budi95 initiative transforms the subsidy from a costly universal benefit into a privilege reserved for Malaysian citizens. — FAIHAN GHANI/The Star
THE government’s decision to implement the Budi Madani RON95 (Budi95) petrol subsidy initiative marks a significant policy milestone in Malaysia’s approach to economic management.
Beyond a simple price adjustment, it reflects the government’s shift from decades of broad-based subsidies toward a more targeted model aimed at strengthening fiscal discipline and promoting structural reform.
