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Malaysia to lower RON95 fuel price from end-September in subsidy adjustment
The BUDI95 program limits subsidised RON95 petrol to 300 litres monthly per Malaysian citizen, aiming to reduce government expenditure and redirect savings to public services, benefiting over 16 million people.
- The government of Malaysia will set the price of RON95 petrol at RM1.99 a litre for citizens starting September 30, according to Prime Minister Datuk Seri Anwar Ibrahim.
- More than 16 million Malaysians will benefit from the lower fuel price, while foreigners will pay RM2.60 per litre, according to Anwar.
- Police and military personnel will receive the subsidized price from September 27, while cash handout recipients will be eligible from September 28, as mentioned by Anwar.
- To balance fiscal discipline with living costs, the government aims to narrow the budget deficit, while savings from the subsidy reforms will support cash programs and public services, according to Mohd Afzanizam Abdul Rashid.
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The Hindu
The HinduMalaysia to lower RON95 fuel price from end-September in subsidy adjustment
KUALA LUMPUR: Malaysia will lower the price of the widely used RON95 transport fuel for its citizens, Prime Minister Anwar Ibrahim on Monday (Sep 22), as the government pushes ahead with a long-awaited plan to adjust fuel subsidies and provide cost-of-living relief.The price of subsidised RON95 fuel will be r
·Singapore
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Coverage Details
Total News Sources20
Leaning Left3Leaning Right4Center4Last UpdatedBias Distribution37% Center, 36% Right
Bias Distribution
- 37% of the sources are Center, 36% of the sources lean Right
37% Center
L 27%
C 37%
R 36%
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