Budget 2025: Targeted RON95 subsidies to be implemented from mid-2025, says Anwar
By THE STAR | 18 October 2024
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.
Tags
Autos News
Reviews
First drive with the 2025 Hyundai Tuscon and Santa Fe: Seoul...
5.8
Kymco AK550 Premium: Smart easy rider
BYD Seal 6 Premium: Sweet deal, generous kit, sensible prici...
8.7
Mazda CX-80 2.5G PHEV AWD High Plus: Upmarket upgrade
Proton X50 Flagship: Tuned for success
6.6
Triumph Trident 660: Beautifully balanced package
8.4
Mercedes-AMG GLA 35 4Matic: Never a dull moment
Lamborghini Urus SE: Ultimate control
Videos
Free & Easy Media Test: Latest Proton X50 Flagship to Kuanta...
Zeekr Space Sunway City Video
Honda Civic Type R Ultimate Edition: Last 40 Units for Europ...