KUALA LUMPUR, June 18 — Communications Minister Fahmi Fadzil sought to answer one of the most recent pressing questions after the Anwar government dismantled the blanket diesel...
Malaysia has set the new ceiling pump price of diesel in peninsular Malaysia to RM3.35 per litre, up from RM2.15 per litre previously. This is effective from midnight of June 10, 2024. — Picture by Shafwan ZaidonKUALA LUMPUR, June 18 — Communications Minister Fahmi Fadzil sought to answer one of the most recent pressing questions after the Anwar government dismantled the blanket diesel subsidy, replacing it with a targeted scheme instead.
“If the diesel subsidy is withdrawn from the wealthy and smugglers, what will the government do with the savings?” With the use of infographics posted on social media platform X last night, Fahmi presented his answer.“1) For companies, still enjoying diesel subsidies at normal prices through Fleet Cards.“3) For most people, the price of goods is guaranteed through the initiative that was just announced by the Prime Minister this morning,” he said briefly, referring to the reduction in chicken egg prices by three sen, effective June 17.
Targeted Diesel Subsidy Diesel Prices
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