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.
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AI-generated Summary ✨
Comments express concern that the new fuel subsidy policy, which limits subsidies to those earning less than RM5,000 monthly, may unfairly affect lower-income and working-class Malaysians, especially owners of older or small-engine vehicles. Some critics believe the policy is difficult to enforce and may lead to higher fuel prices for many, with suggestions to eliminate subsidies altogether and promote fuel-efficient vehicles. There is frustration over past government spending, perceived corruption, and indecisiveness. Several comments call for transparency, fair distribution regardless of nationality, and highlight broader issues like high living costs and unjust tax policies. Overall, sentiments are mixed, with many skeptical about the policy's fairness and implementation, fearing it may deepen financial burdens.