While the Cabinet has given the green light to proceed with the implementation of targeted fuel subsidies, no timeframe for its execution has yet been ventured. That could be a while more, given that the government has not yet made a decision regarding the implementation date, as indicated by domestic trade and cost of living (KPDN) minister Datuk Armizan Mohd Ali.
He said that although the government has agreed in principle to begin targeted fuel subsidies this year, it will only set the implementation date when the Cabinet is satisfied with the targeting mechanism and ensuring that target groups that will receive social assistance will get it, as Bernama reports.
“As soon as the government refines and strengthens the social assistance mechanism for the target groups, I believe the government will then announce the implementation date,” he said. As announced by prime minister Datuk Seri Anwar Ibrahim on Tuesday, the implementation of targeted fuel subsidies would begin with diesel in the peninsula, with that for Sabah and Sarawak to be set aside until later.
The PM also said that subsidies will be given to traders using diesel-powered commercial vehicles under the subsidised diesel control system 2.0 (SKDS 2.0) programme, essentially covering 10 public transportation vehicle and 23 goods transport vehicle types in order to prevent any drastic increase in the cost of goods and services.
Armizan said that KPDN will implement several measures to ensure no parties take advantage of price gouging on controlled goods after the diesel price adjustment is enforced. He said that the ministry has approaches to address the possibility of price gouging on essential goods.
He added that a total of 28,000 land transport companies have registered and received approval under the SKDS 2.0 implementation, and 90,000 fleet cards have been issued by five major oil companies to eligible transport companies.
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what a joke. want to implement something, but not clearly define.
Just switch to EV
No need to worry
There is a country called Bolehland…tons of plans…but the execution…oh my..tunggu dulu..now tons of backlash,nanti GE 16 …how ?
Remember,KJ’s father in law ?
He floated the petrol price to RM2.70/litre.(correct?)
Within 2 weeks….COMPLETE U TURN…tons tons tons of backlash.
If u pay extra RM1.40/1.50 per litre…for the affected parties…it is a lot of NEW EXPENDITURE…THE CHAIN REACTION is real.Those in business,will pass the cost down.
When prices go up…it WILL NEVER COME DOWN.
Then germen have another round of new bantuans,with more rahmah items..it is a perpetual merry go round.
As above.
PH Gomen continue to troll millions of Msians
Why dare not implement? PMX TV telecast was just for show? Just do it NOW! Scared?
Quad outboard speedboat rejoice sightseeing at South Chinese Sea
even if government monitor the price of essential items, the prices of food at hawker stalls will also increase.
all up soon…..business will take every opportunities to increase price….average malaysian will feel the pinch….hutang aje lebih….never ending struggle..
Papa menang kamu sengsara
Undi PH, besok kena kencing