More details on RON95 targeted subsidy needed

Budget 2025 News

More details on RON95 targeted subsidy needed
RON95Targeted Subsidy
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Former Workers’ Party (WP) cadre Yudhishthra Nathan was cross-examined on Oct 21, the sixth day of WP chief and Leader of the Opposition Pritam Singh’s trial.

THE move to implement a targeted subsidy for the RON95 petrol fuel is welcomed, but the mechanics of its execution must be clearer.Several experts and consumers expressed their support for the move announced by Prime Minister Datuk Seri Anwar Ibrahim in his Budget 2025 speech.

“The practical way in which they will be designed needs to be the result of a sound trade-off analysis or the gain must be bigger than the pain, and its implementation must be gradual. “The case of purpose vouchers can also be applied here. The scenario will become thornier if the subsidy beneficiaries are enterprises rather than individuals.

“Hopefully, there is a comprehensive system for the government to check on the eligibility of subsidy recipients to prevent leakages. But we know it is not a simple thing to do.

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RON95 Targeted Subsidy

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