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RON95 Subsidy: Dependents And Employment Status Will Be Factored In

KS

18-11-2024

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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).


thumb-RON95-petrol.jpg


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.


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Sample past infographic: MalayMail


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.


image-full_normal---2024-10-18T192847.813.jpg


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.



Source: NST
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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/

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JPJ Running Numbers

KUALA LUMPUR

VPC873

SELANGOR

BSE4402

JOHOR

JXW4803

PULAU PINANG

PRQ3417

PERAK

ANV3402

PAHANG

CFB6571

KEDAH

KGA4221

NEGERI SEMBILAN

NEF7075

KOTA KINABALU

SJK7319

KUCHING

QAB3039L

Last updated 01 May, 2025

Fuel Price

Petrol

RON 95

RM 2.05

RON 97

RM 3.18

RON 100

RM 5.00

VPR

RM 6.23

Diesel

EURO 5 B10

RM 2.88

EURO 5 B7

RM 3.08

Last updated 01 May, 2025

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