According to a Bernama report, the Domestic Trade, Cooperatives and Consumerism ministry (KPDNKK) has dismissed reports of an allegedly-planned new system under which only motorists with monthly incomes of RM5,000 and below, using cars with engines displacing under 2.0 litres, will qualify to buy fuel at fully-subsidised rates.
“The newspaper reports are just speculations as the government had not yet issued in detail the implementation of the move,” KPDNKK secretary-general Datuk Seri Alias Ahmad told reporters yesterday.
He said that there was a new approach to fuel subsidies, but studies were still being undertaken and the government would announce this in due course.
Alias recently revealed that a new system ensuring the sale of subsidised fuel only to eligible motorists is set to begin in September for commercial vehicles, and October or November for private vehicles. About 3,500 petrol stations nationwide would be involved, and the government targets savings of RM9.8 billion through this new system, “assured to be more efficient and effective,” he said.