No RON95 subsidy rationalisation for now, says Anwar

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No RON95 subsidy rationalisation for now, says Anwar
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(Reuters) - Tottenham Hotspur midfielder Pierre-Emile Hojbjerg has joined Olympique de Marseille on loan with an option to buy, both clubs said on Monday.

KUALA LUMPUR: The rationalisation of RON95 subsidy remains off the table for now, as the government wants to ensure the public fully understands the implementation of targeted diesel subsidies, says Datuk Seri Anwar Ibrahim.

“This is necessary because sometimes, certain parties will spin the issue,” he told reporters on the sidelines of the National Tax Conference 2024 yesterday. Explaining further, Anwar, who is also Finance Minister, said various measures were being taken to boost government revenue, including prudent spending and borrowing only when necessary for development purposes.

In May, Anwar announced the rationalisation of diesel subsidies for Peninsular Malaysia, which took effect on June 10.

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