RON95 Subsidy: Dependents And Employment Status Will Be Factored In
KS
18-11-2024
The criteria for determining targeted subsidies for RON95 petrol which is to be introduced soon will factor in household dependents and employment status, according to Deputy Domestic Trade and Cost of Living Minister Fuziah Salleh.
Other significant considerations include the newly introduced Basic Expenses for Decent Living (PAKW) and the Cost of Living Index (IKSH), developed by the Department of Statistics Malaysia (DoSM).
Fuziah further detailed, “All aspects of household expenditure have been evaluated. However, any move to implement targeted subsidies for RON95 will inevitably impact families reliant on this fuel.”
In the analysis presented by DoSM, key indicators of living costs were reviewed. These indicators encompass whether a household owns two vehicles, the employment status of both spouses, and whether children in the household are school-going.
The data also incorporates demographic details such as household size, structure, and urban or rural residence, as outlined in the Living Cost Indicators (CLI) report.
The move towards targeted subsidies aligns with Prime Minister Datuk Seri Anwar Ibrahim’s announcement during the 2025 Budget presentation where he stated that the initiative, set to roll out mid-next year, reflects the government's commitment to ensure financial support reaches those who need it most while safeguarding the public's welfare.
Written By
KS
More then half his life spend being obsessed with all thing go-fast, performance and automotive only to find out he's actually Captain Slow behind the wheels...oh well! https://www.linkedin.com/in/kumeran-sagathevan/
JPJ Running Numbers
KUALA LUMPUR
VPA5939
SELANGOR
BSE1443
JOHOR
JXV6736
PULAU PINANG
PRP8976
PERAK
ANU9276
PAHANG
CFB5568
KEDAH
KGA2691
NEGERI SEMBILAN
NEF5477
KOTA KINABALU
SJK5109
KUCHING
QAB2095L
Last updated 22 Apr, 2025
Fuel Price
Petrol
RON 95
RM 2.05
RON 97
RM 3.18
-0.10
RON 100
RM 5.00
VPR
RM 6.23
Diesel
EURO 5 B10
RM 2.88
-0.10
EURO 5 B7
RM 3.08
-0.10
Last updated 17 Apr, 2025
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