Link Copiedcheck_circle
Auto News

Targeted Diesel Subsidy Saves Government RM600mil Monthly - Anwar

Anis

Share via

NON-NATIONAL,-CHINESE-CARMAKERS-COMPETITION---2025-02-27T162851.105.png
Prime Minister Anwar Ibrahim reported that the government's targeted diesel subsidy program has effectively curbed the misuse of subsidized diesel since its implementation in June 2024.

The program has generated substantial cost savings for the government, approximately RM600 million per month, by specifically targeting eligible recipients and sectors, thereby reducing previous leakage due to smuggling and unauthorized business use.

The Prime Minister revealed this figure in response to a parliamentary question from Cha Kee Chin (PH-Rasah), who inquired about the total savings from SKDS 2.0 and how these funds were being used to benefit the public from its implementation on June 10th until December 31st.


1-(2).jpeg



The success of the initiative was evident in the significant 25% decrease in diesel sales at petrol stations, equivalent to a reduction of approximately seven million gallons per day, as highlighted by the Prime Minister.

“Sales of commercial diesel have increased by almost 50%, or by four million litres per day, indicating the substantial amount of subsidised diesel that was previously being purchased by the industrial sector from petrol stations before the controlled floating of retail diesel prices,” he said.
Anwar stated that the savings enabled the government to allocate funds for various development projects, including improvements to public infrastructure, healthcare, and education.

web_CariCarz_Petronas-Diesel_-2-full-(1)-full_normal-full_normal.jpg


Additionally, these savings allowed for increased allocation for social support programs. For example, the allocation for STR and Sara was increased from RM10 billion to RM13 billion the previous year.
Datuk Armizan Mohd Ali, Minister of Domestic Trade and Cost of Living, recently announced in a written parliamentary reply the government has allocated RM20 billion for consumer goods subsidies, including fuel, and RM300 million for the Payung Rahmah initiative.

An additional RM700 million will be used for price controls and RM250 million to address supply chain disruptions in rural areas particularly in Sarawak and Sabah. kpdn-fuelsale-foreigncar-33-full-full-(2)-full-full_normal-full_normal-(2)-full_normal-full_normal.jpg

Tagged:

Subsidised Diesel Control System (SKDS)
subsidised diesel control system 2.0
targeted diesel subsidy
Share This Article

Written By

Anis

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

Share via

Related News

Auto News
Foreign Vehicle Diesel Sale Limitation Only For Peninsular Malaysia

Foreign Vehicle Diesel Sale Limitation Only For Peninsular Malaysia

KPDN clarifies that the diesel sale regulation for foreign vehicle is applicable for Peninsular Malaysia only.

Auto News
MOF: SKDS 2.0 Refund Applications Opens Online July 1 Onwards

MOF: SKDS 2.0 Refund Applications Opens Online July 1 Onwards

MOF announces SKDS 2.0 refund application is now open online for those who have not received their fleet card.

Auto News
Govt Still Studying RON95 Petrol Subsidy Rationalisation

Govt Still Studying RON95 Petrol Subsidy Rationalisation

Government is still studying the subsidy rationalisation for RON95 fuel while diesel subsidy rationalisation stabilises.

Auto News
180K Commercial Vehicles Yet to Register for Diesel Subsidy

180K Commercial Vehicles Yet to Register for Diesel Subsidy

About 180,000 vehicles not yet registered for diesel subsidy due to being unsure of eligibility.

Auto News
MAA: Diesel Vehicles Sales To Remain Strong, Backbone Of Commercial Industry

MAA: Diesel Vehicles Sales To Remain Strong, Backbone Of Commercial Industry

MAA anticipates diesel vehicle sales to remain strong despite subsidy removal price shock as various sectors depend on it.

Auto News
Loke: School Bus Operators Have No Reason To Raise Fares, Operators Argue Otherwise

Loke: School Bus Operators Have No Reason To Raise Fares, Operators Argue Otherwise

School bus operators claim subsidised diesel quota allocated is insufficient to maintain current fare.

Auto News
Targeted Diesel Subsidy Expanded to 14 More Vehicle Types – KPDN

Targeted Diesel Subsidy Expanded to 14 More Vehicle Types – KPDN

KPDN is expanding the targeted diesel subsidy project by including 14 more commercial vehicle types.

13-05-2024
Auto News
Enforce The Law On Subsidised Fuel Sale, Government Urged

Enforce The Law On Subsidised Fuel Sale, Government Urged

Groups in Johor Bahru are urging the government to strengthen existing laws to combat the illegal sale of subsidised RON95 petrol.

27-06-2023

Latest News

Auto News
Petrol Cards And Civil Servant Perks On Offer By Jetour Malaysia This Month

Petrol Cards And Civil Servant Perks On Offer By Jetour Malaysia This Month

Up to RM1 million worth of free petrol cards plus special perks for civil servants on offer from Jetour Malaysia this month.

20-09-2025
Auto News
TQ Wuling Bingo EV CKD Production Set to Begin in Dec 2025

TQ Wuling Bingo EV CKD Production Set to Begin in Dec 2025

The new SGMW-Tan Chong joint venture EV plant will start its local assembly efforts this Dec with the TQ Wuling Bingo.

19-09-2025
Auto News
MyKad Checks Urged Ahead of Fuel Price Drop

MyKad Checks Urged Ahead of Fuel Price Drop

Home minister urges Malaysians to fix faulty MyKad chips early to enjoy the upcoming targeted fuel subsidy.

19-09-2025
Auto News
GAC Emkoo Awarded 5-star ASEAN NCAP Rating

GAC Emkoo Awarded 5-star ASEAN NCAP Rating

Upcoming GAC Emkoo C-SUV earns coveted 5-star rating form ASEAN NCAP crash-testing regime.

19-09-2025
Auto News
KLCC Roads Closed Saturday For Sarong Music Run

KLCC Roads Closed Saturday For Sarong Music Run

Expect road closures and traffic delays around KLCC tomorrow for the Malaysia Sarong Music Run 2025.

19-09-2025
Auto News
Sand, Log Trucks Dominate Kelantan Roads - JPJ

Sand, Log Trucks Dominate Kelantan Roads - JPJ

Sand and log trucks make up most heavy vehicle traffic in Kelantan, with fewer overloaded cases.

19-09-2025
Auto News
Customs Seizes 32 Imported Cars Worth RM8.45 Million

Customs Seizes 32 Imported Cars Worth RM8.45 Million

Ops Purple uncovered vehicles stored beyond the legal limit, with unpaid duties and taxes totalling RM5.38 million.

19-09-2025
Auto News
MAA: Aug 2025 Sales Up 4.2%, YoY Growth Modest at 0.6%

MAA: Aug 2025 Sales Up 4.2%, YoY Growth Modest at 0.6%

Latest MAA Aug 2025 sales figures see PVs contribute 67,302 units, with CVs taking the remaining 5,739.