In his special speech announcing new measures being undertaken by the government to help ease the burden on the rakyat, prime minister Datuk Seri Anwar Ibrahim revealed that the plan to implement the RON 95 targeted petrol subsidy remains on track, with details of the fuel rationalisation plan to be announced by the end of September 2025.
More importantly, he said that the majority of Malaysians will not be affected by the move, because the price of RON 95 petrol will actually be reduced when the targeted subsidy of RON 95 petrol begins, with Malaysians set to enjoy a lower RON 95 pump price of RM1.99 per litre.
“This will certainly benefit around 18 million car drivers and motorcyclists, including youth as young as 16 years old and gig workers. This targeted approach is in line with the government’s efforts to optimise national resources for the benefit of the people, and reduce subsidy waste,” he said in his speech.
He added that in 2023 and 2024, the money the government has spent on RON 95 subsidy alone is estimated to have cost nearly RM20 billion a year, and that though world oil prices have declined this year, the price of RON 95 petrol without subsidy is still around RM2.50 per litre, far higher than the subsidised price people were paying.
He also reiterated that besides the ultra rich, foreign citizens will also have to pay the unsubsidised market price for RON 95 when the scheme is implemented. No details of the implementation mechanism were revealed, but as reported previously, it is expected that the use of MyKad will be involved in the plan.
It has to be said, however, that while the new price of RM1.99 per litre for our base fuel sounds like a big reduction, it’s worth remembering that it’s only a six sen decrease from the current price of RM2.05 per litre. To put that into context, filling up RM50 will soon get you 25.13 litres of RON 95, up from 24.39 litres now. Still, every sen counts, so that’s a positive step.
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It didn’t say “18 million drivers”. It translated to “18 million Malaysian citizens will benefit”.
Now, 18 million is roughly 55% of the population. Does that mean T15 constitutes 45% of us? I lost hope already with this gomen.
Perpisahan into B40 M40 T20 is what driving Malaysian crazy?
If lesson learnt I take it as all Malaysian gotten RM 100 and 1 day free holiday too?
PH/PMX logic, your minimum wage salary is considered high income ady when compared to the poorest poor in Africa, so be cukur ady you ingrate insurrectionists and anarchists.
With this madani gov, expect the unexpected… that’s my concern too. 55% only… mind you, the gomen can’t even answer how they should categorise T20 whether its combine or split salary.
meanwhile those malaysians working in singapore will also benefit right?
again M40 is ignored. fastest migrating segment to B40.
LOL how will he determine who is ultra rich? If their B40 drebar bringing their bosses Mercs in to pump RON95 is that allowed?
How about pumping into cheaper cars and then hosing to those Mercs?
If they get penalised the ultra rich will find ways to roll the extra costs down to M40 which rolls it down to B40s thereby hiking real inflation rates further (bcoz PH Govt figures can’t be trusted).
So who is going to suffer anyways? The M40s & B40s too.
The 6 sen saving from cucuk your IC frequently may damage the card . What is the replacement cost ? Or is it the IC can tapped?
Netizen: We want better public transport & pedestrian friendly city + infrastructure/building.
Gomen: OK, here’s My50, DRT vans, plus urban renewal bill.
Netizen: We want cheap petrol too.
Gomen: OK, give u 1.99 per liter, we increase our subsidy costs.
Netizen: We want cheap toll.
Gomen: OK, we absorb rm500 mil bill.
Netizen: Not enough, janji masih dicapati. Turun PMX!!
**The rakyat is very hard to please no matter who leads the Government.
The majority rakyat are actually easy to please as long as you dont fool them with plenty of fantastic promises just to get their votes then break each & every one of them once in Gomen.
Its the minority M40 having good life but still want to make noise, make yellow shirt demos, undermine a stable gomen with intention to bring it down.
The rakyat didnt force PMX to promise RM 1.50/L petrol. The rakyat didnt force PMX to promise abolish all tolls.
The rakyat didnt force PMX to promise mansuhkan PTPTN debt.
He himself promised all that just to win votes but no intention to fulfill any.
Malaysia only higher middle-income country where so many things are heavily subsidized & car-centric to the middle class, yet we want cleaner air, less pollution & more efficient transport + pedestrian walkability. Govt money should be spent on Public Transport, Education, Housing, Infrastructure & Scientific Innovation, not car-centric subsidy.
Our cities are no longer livable, getting further distant from Singapore.
presumably it’s drivers…discounting old folks / children etc.
Good move PM, make sure you define the Ultra rich clearly , also make sure the illegals who use local ID to pump Ron95 quickly apprehended and send back to their homeland .
Going from targeted subsidy saying Gomen no money to suddenly now got money keeping RON95 subsidy and even reducing a bit. Whadda lanchao Uturn this Uturn Gomen!
But the damage had been done as logistics, shops, & sellers have earlier hiked up their prices in anticipation subsidy removal will come end of this month!
Seller: Selling price up because of petrol, TNB, bla2 up..
Petrol & TNB Tarif Drop
Seller: Krikkkkkrikkkkk
Good news
Mat rempits should pay non-subsidised price
Please impose a monthly limit for subsidized fuel for everyone. Malaysians are a very creative bunch.
given a chance for koloni koroni to claim more money from government