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RON95 Subsidy Removal Is Good News Or Not 3 дня назад


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RON95 Subsidy Removal Is Good News Or Not

Set to take effect in mid-2025, this change marks a shift from the current blanket subsidy to a more targeted approach just like the targeted diesel subsidy changes that came in this year. Key Points of the #RON95 Subsidy Restructure: Implementation Date: Mid-2025 Current Annual Subsidy Cost: RM20 billion Expected Savings: RM8 billion Percentage of Users Unaffected: 85% Continued Subsidy Amount: Estimated RM12 billion It’s important to note that the majority of Malaysian RON 95 users will not be impacted by this change. The government has emphasized its commitment to maintaining subsidies for 85% of current users, ensuring that the new policy primarily affects those deemed less in need of financial support.

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