Old diesel luxury vehicles can be considered for Budi Madani, says Amir Hamzah

KUALA LUMPUR: Luxury diesel vehicles that are 10 years and older will be considered for the Budi Madani subsidy assistance programme, says Finance Minister II Datuk Seri Amir Hamzah Azizan.

For this purpose, he said the Finance Ministry will issue the list of vehicles that are classified as luxury under the Budi Madani programme soon.

"Even though classified as luxury vehicles, if these vehicles are 'sick' after more than 10 years, they may be considered (for subsidy)," he said when met by reporters at the International Social Wellbeing Conference 2024 today.

Amir Hamzah also said the announcement on whether the diesel price will be floated will be made at an appropriate time.

"Give us time because we don't want speculation that will cause hoarding or any misappropriation of diesel," he added.