While the government says it is continuing to study the expansion of its fuel subsidy rationalisation programme to incorporate RON 95 petrol, stating it has yet to make any decision on the subject, it is …
Of course, talk about how much financial assistance will be offered as well as how it will be provided has begun. So what would a decent minimum sum be for monthly cash aid? Well, according to Malaysian University of Science and Technology economist, emeritus professor Barjoyai Bardai, that would be at least RM50 a month for motorcycle owners and RM150 for car owners.
Currently, unsubsidised RON 95 sells for RM3.19 per litre, according to unsubsidised fuel outlet Double, which sells the fuel at specialised stations in Perlis. Based on this rate and the present RM2.05 per litre subsidised price of the fuel, a RM150 cash aid would cover the first 131.7 litres of petrol used in a month. At present, the amount of
“The identity card is one of the most important foundations that the government needs to focus on if it wants to implement the targeting of RON 95 petrol so that it reaches the target group,” he said.to ensure that the subsidies reach the right crowd, and so qualification must be determined by complete data provided by the
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