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Govt Will Assess Economic Factors For Targeted RON95 Subsidy

Anis

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The government would consider the current economic situation when choosing whether to implement the RON95 targeted subsidy, said Deputy Economy Minister Datuk Hanifah Hajar Taib.

According to the minister, the targeted subsidy's implementation requires a thorough evaluation at the Cabinet level, including feedback from the relevant ministries, given that it is a significant decision for the country.

“We need to look at the economic conditions, and any proposals will first be presented to the Cabinet,” he told reporters after the WE2025: Future in Motion pre-launch event here on Tuesday. Setel-Lite-AppReview-22-full-(2)-full_normal.jpg


Recently, lawmakers have called on the government to postpone its planned RON95 subsidy rationalization and other fiscal adjustments, such as increased energy prices given the US tariffs on Malaysian imports.
Budget 2025 announced the elimination of RON95 fuel subsidies for the top 15% of income earners starting in mid-2025, a significant move following the mid-2024 float of diesel prices.


Setel-Lite-AppReview-12-full-(4)-full_normal.jpg

Finance Minister II Datuk Seri Amir Hamzah Azizan stated that the government is still refining the implementation mechanism for RON95 subsidies, potentially using a two-tiered pricing system linked to MyKad.


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Written By

Anis

Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........

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JPJ Running Numbers

KUALA LUMPUR

VPG2447

SELANGOR

BSF4609

JOHOR

JYA4043

PULAU PINANG

PRR4557

PERAK

ANW6095

PAHANG

CFC1064

KEDAH

KGA9085

NEGERI SEMBILAN

NEG2172

KOTA KINABALU

SJL2702

KUCHING

QAB5039L

Last updated 15 Jun, 2025

Fuel Price

Petrol

RON 95

RM 2.05

RON 97

RM 3.07

RON 100

RM 5.00

VPR

RM 6.23

Diesel

EURO 5 B10

RM 2.74

EURO 5 B7

RM 2.94

Last updated 12 Jun, 2025

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