Govt mulls two-tier RON95 pricing

TheStar Tue, Oct 22, 2024 12:00am - 2 weeks View Original


KUALA LUMPUR: The government is considering using databases linked to identification cards, along with e-wallets and debit cards as part of the mechanism for the two-tiered pricing system for RON95 petrol subsidies.

Finance Ministry Treasury secretary-general Datuk Johan Mahmood Merican said it is important for the government to create a mechanism that reduces subsidy leakages.

“The government remains committed to ensuring Malaysians continue to benefit from subsidies. The specifics of the mechanism are still being refined and need to be finalised, which is why Prime Minister Datuk Seri Anwar Ibrahim announced that implementation will take place around the middle of next year,” he said.

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Alibaba Chiam
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Good lets do it now

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