MyKad use at pump mooted for targeted RON 95 subsidy mechanism

Petrol News

MyKad use at pump mooted for targeted RON 95 subsidy mechanism
MykadFuel SubsidiesRON 95
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PHNOM PENH: Senate president Hun Sen made it clear that Ly Samet, also known as 'Kru Mea”, will not escape accountability for his crimes simply by offering a public apology.

KUALA LUMPUR: The MyKad may be used as a mechanism for the implementation of targeted RON 95 petrol subsidies, says Rafizi Ramli.

The first is to let petrol prices reflect market prices and use the savings to provide monthly cash aid to targeted groups."The first is easier to implement but the risk is it can cause high inflation as businesses may use price increases as an excuse to hike up prices," he said, adding that the government had been weighing both options for over 20 months.

Rafizi also said the Economy Ministry is working on backend matters such as qualification, and the Finance Ministry is looking into matters involving operations.

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Mykad Fuel Subsidies RON 95 Economy Ministry T15 Net Disposable Income

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