PETALING JAYA: The Federal Government is seeking to further refine the Subsidised Diesel Control System (SKDS) to ensure subsidies are more targeted, says Economy Minister Akmal Nasrullah Mohd Nasir.
He said the move also aimed to strengthen controls against leakage without disrupting business operations or supply chains.
"The National Economic Action Council meeting today examined proposals to improve SKDS, presented by the Domestic Trade and Cost of Living Ministry, to align diesel subsidy quotas.
"The proposal will be implemented in a balanced manner to tighten controls against leakage while safeguarding business operations and supply chains," he told a press conference on Tuesday (May 19).
He added the ministry would follow up with further details and share them with industry stakeholders.
More to come
