The government has no intention to lower the current ceiling prices of RON 95 petrol and diesel, which are presently being subsidised. The ministry of finance said this is to prevent the government from continuing to bear higher subsidy costs, Bernama reports.
“To continue protecting consumers from the effects of crude oil increase in the global market, the government still maintains the ceiling prices of RON 95 petrol and subsidised diesel until now, even though the real market prices have exceeded the set ceiling prices,” the ministry said in a written reply published on the parliament website.
The ministry was responding to a question from Datuk Dr Nik Muhammad Zawawi Salleh (PAS-Pasir Puteh) about the government’s plans related to the restructuring of petrol subsidies.
It said the government is exploring measures to improve the provision of subsidies in a more targeted manner to reduce leakages and balance subsidy responsibilities with the need to continue to preserve the welfare and well-being of the people.
The matter of targeted subsidies remains one of the more pressing issues that need to be addressed by the government. Prime minister Datuk Seri Anwar Ibrahim has renewed the push to implement such a scheme, having asked relevant government ministries to explore the impact of such a move last year. It was expected that an announcement of some sort would be made during the retabling of Budget 2023, but it looks like the wait continues.
Looking to sell your car? Sell it with Carro.
refer my name
how about instead of subsidi, government let us consume the petrol from our own soil (Petronas) ?
then we can have cheap fuel pricing same as brunei.
Our own crude is higher priced sweet crude. Setakat nak bakar minyak enjin kereta baik tak payah. Membazir.
Baik jual minyak mahal dan beli minyak murah utk dibakar enjin
Petrol – maybe subsidized from $rate.
Electric – maybe subsidized from $rate.
Water – maybe subsidized from $rate.
Tax – maybe subsidized from 30% tax.
Well of course state election is coming soon too right – perhaps after that which was promised since PH, PN, BN and now unity government.
Guess BMW owners are rejoicing since that previous MITI guy compared BMW with Kancil and not others.
As above. Janji dimana? The first PM to mungkir janji? Pegi mamposlah!
GE13 promise from Pakatan Rakyat
Pakatan Rakyat was led by Anwar then. He is PM now. So now he got all the power to tunaikan janji. Where is it?
let him fire all those lazy garbage public servants from mahathir era first. then we talk.
It will be political suicide to jack up fuel prices before the state elections.
Sallahudin ,Anwar and Rafizi & Co (SAR n Co) still honeymooning.They wont allow the greenies to ‘topple” the Unity germen.
Just enjoy your BMWs with subsidised fuel a little longer.
After all,the T20s r getting extra tax now.
Janji is to lower prices, janji was not to jack up price. If he cannot do what he promise, better quite being PM!
Do enjoy for now, very soon he will fall!
Menang hari ni, esok minyak rm1.5….hahahha