Search
Close this search box.

Targeted Subsidies For RON95 Petrol To Be Unveiled By End-September: MoF

Kuala lumpur: The Ministry of Finance (MoF) said the detailed implementation plans for targeted subsidies for RON95 petrol will be announced by end-September 2025, in line with Prime Minister Datuk Seri Anwar Ibrahim’s statement on July 23, 2025. In a written parliamentary reply, MoF stated that the government is actively developing and testing the subsidy targeting mechanism to ensure smooth execution upon rollout.

According to BERNAMA News Agency, MoF emphasized that the refinement of data from agencies such as the National Registration Department, Road Transport Department (JPJ), and the Department of Statistics Malaysia (DoSM) is crucial for the plan’s success. The government aims to adopt a more comprehensive approach to ensure RON95 subsidies reach the intended target groups.

MoF was responding to a question from Hulu Langat Member of Parliament, Pakatan Harapan’s Mohd Sany Hamzan, who sought updates on the subsidy retargeting implementation, particularly concerning the front-end and back-end phases announced by the Ministry of Economy.

According to MoF, once implemented, the retargeted subsidy mechanism will allow eligible Malaysians to enjoy RON95 at RM1.99 per litre through MyKad verification. Non-citizens and those ineligible for the subsidy will pay the unsubsidised market rate.

Recent News

ADVERTISMENT