Kuala lumpur: The government estimates that the RON95 petrol subsidy will reach approximately RM2 billion per month, while the diesel subsidy will amount to about RM1.5 billion per month, if crude oil prices remain at around US$90 per barrel based on current projections. Deputy Finance Minister Liew Chin Tong assured that the country's fiscal position remains strong, with no changes to fiscal projections despite the increase in crude oil prices.

According to BERNAMA News Agency, Liew emphasized that the government also benefits from petroleum revenue, noting that every US$1 increase in the price of oil per barrel is expected to generate an additional RM300 million in government revenue. He highlighted that updated fiscal projections will be presented in October by Prime Minister Datuk Seri Anwar Ibrahim during the 2027 Budget announcement, reflecting the prevailing economic conditions at that time.

Liew addressed concerns raised by Senator Datuk Dr Mohd Na'im Mokhtar about maintaining the fiscal deficit target if global crude oil prices exceed current projections. He assured that the government is prepared with contingency plans to handle such scenarios.

Responding to Senator Datuk Anna Bell @ Suzieana Perian's inquiry about increasing the BUDI Diesel quota for Sabah and Sarawak, Liew mentioned the government's willingness to consider applications from specific groups. He cited the example of an additional 100 liters quota for pickup truck owners through a straightforward application process, indicating that the government is open to reviewing specific cases that warrant consideration.