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- Govt Denies Rumours of Budi95 Quota Cut
The government has dismissed viral claims that it plans to slash the Budi95 fuel subsidy quota from 300 to 200 litres a month, calling the messages completely untrue.
Treasury secretary-general Datuk Johan Mahmood Merican, in a FMT report, said Putrajaya has no intention of revising the scheme’s quota or subsidised price anytime soon.
“The government has never said, nor have I said, that we will be reducing the quota or eligibility limit from 300 litres to 200 litres,” he told the daily news portal.
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Johan explained that the current 300-litre cap was carefully set to meet Malaysians’ needs while curbing abuse. Data showed average consumption is only around 80 litres a month, but the higher cap ensures nearly all motorists are covered.
“At 180 litres, you already cover 99%. At 300 litres, it’s estimated we’re covering 99.3%,” he stated, adding that less than 0.1% of users exceeded the limit in the first few weeks.
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The Budi95 programme, introduced in late Sept, aims to channel RON95 subsidies only to eligible Malaysians while preventing leakages to foreigners and businesses.
Malaysians aged 16 and above with a valid driving licence can buy up to 300 litres of RON95 a month at RM1.99 per litre. Purchases beyond that are charged at market price.
Johan said the policy also helps prevent fuel smuggling and supports those in lower- and middle-income groups who face longer daily commutes.
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“We wanted to ensure that 300 litres was sufficient for them. So certainly, there’s no plans to reduce the quota from 300 to 200 being considered at this time,” he concluded.
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Anis
Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........
