Malaysia’s Fuel Subsidy Headache Leaves Anwar ‘Scrambling for Solution’
6 Articles
6 Articles
Govt weighs RON95 subsidy cuts as tough call looms on who loses fuel aid
By DayakDaily Team KUCHING, May 11: The federal government is in the midst of fine-tuning its targeted RON95 petrol subsidy mechanism, acknowledging that one of the hardest decisions ahead is deciding which groups should no longer receive fuel assistance. Economy Minister Akmal Nasrullah Mohd Nasir said the main challenge lies in setting a fair eligibility threshold without causing undue impact on groups who are still in need of support. “That i…
PMX: RON95 Subsidy Rationalisation For High Income Groups To Be Finalised Soon
Subscribe to our FREE Newsletter, or Telegram and WhatsApp channels for the latest stories and updates. A proposal for more comprehensive targeted subsidies, specifically RON95 fuel subsidies for the T20 income group, is being refined and will be finalised in the near future, said Prime Minister Datuk Seri Anwar Ibrahim. The proposal comes amid calls for petrol subsidies to be reserved for lower- and middle-income groups. Anwar said the Crisis M…
Government Looks Into Withdrawing Fuel Subsidies for High-Income Groups - Hype Malaysia
Prime Minister Datuk Seri Anwar Ibrahim has announced that the government is looking into the best mechanism in regards to revising petrol subsidies for high-income groups. He explained that this proposal is being discussed by several ministries and relevant committees, though they have yet to finalise whether the revision will involve the T20 community, the T15 community or those in other categories. Ministry of Finance “The proposal has been s…
Prime Minister Anwar Ibrahim said the move to withdraw fuel subsidies for high-income earners was being studied by MTEN. KUALA LUMPUR: The proposal to review the withdrawal of fuel subsidies for high-income earners is being studied and the decision will be made soon, said Prime Minister Anwar Ibrahim. However, he said the definition of the groups involved was still being refined to ensure that its implementation did not burden the upper middle c…
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