The finance ministry (MoF) has said that detailed implementation plans for targeted RON 95 petrol subsidies will be announced by end-September, reports Bernama.
In a written parliamentary reply to Hulu Langat MP Mohd Sany Hamzan, who asked for an update on the subsidy retargeting implementation, particularly the front- and back-end phases announced by the economy ministry, MoF said the subsidy targeting mechanism is being actively developed and tested to ensure smooth execution upon roll-out.
“This includes refining data from agencies such as the national registration department (JPN), the road transport department (JPJ) and the department of statistics Malaysia (DoSM). The government aims to adopt a more comprehensive approach to ensure RON 95 subsidies reach the intended target groups,” said MoF.
Under the retargeted subsidy mechanism announced by prime minister Datuk Seri Anwar Ibrahim on July 23, eligible Malaysians can enjoy RON 95 at RM1.99 a litre through MyKad verification. Non-citizens and those ineligible for the subsidy will pay the unsubsidised market rate (Double Petrol‘s rate today is between RM2.61 and RM2.69).
Yesterday, finance minister II and acting economy minister Datuk Seri Amir Hamzah Azizan revealed that the mechanism will also use data from PADU, which has 30.4 million individual profiles.
These contain information on demographics, locality, socioeconomics, occupation, income, education, vehicle ownership, ‘poverty status’ (status kemiskinan) and the types of assistance one is receiving.
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we need our beloved 100 years old to organise another rally on a cold mid september evening! thats is his only use for our country nowadays
We need to kick PMX and PH out of Gomen and bring back PM Najib to correct the ship and do golf talk with his best buddy Trump. It is obvious he is punishing us for jailing his gold buddy.
the eligible people can start to sell petrol.
Is not a surprise at all
PADU combined data gathering
from multiple gov agencies
plus those we submitted
and those PN-Zafrul era
Bright as day
How many cars
How much income
How many dependencies
How far is home to ur office
sy ulang – sy ulang – sy ulang
I have no problem paying, I already using R97 for my Beemer. Why so many people complain when they not affected ?? Those who are T10 above, you cant pay for small increment ??
will we be going to experience where the subsidized petrol will be traded behind scene at slightly lower the floated price? business opportunity maa..
Can’t wait for some special TTT1% who does not need to pay tax or declare tax for decades and still get the subsidy.
OK lah…
New job opening soon.
Tukang Pump Petrol RON95.
Highly anticipated lining up the petrol stations across malaysia especially near the borders.
PMX broken his promises above.
ron95 price lower to rm1.99 for m40 and b40 . confirm win next GE . tq PH , tq AI we love you three thousand.
RM 1.99 is still far higher than his promised RM 1.50 petrol if he became PM.
I remembered long time ago before the introduction of subsidy, petrol price of Ron 95 already 2.30 and more. No complaints from public then of this price. Now after many years, price is around 2.65 average. Only 30 cents increase. People are not that poor not to pay this price when they can go mall shopping, gambling, joy rides, holiday cuti2 Malaysia etc.
Every IC registered with car grant every month allow 150 litres of fuel with subsidy. Use more than 150 litres should pay at least RM 2.50 per litre or they drive less or wait for next month new allocation.
Most of the product and service price increase how come the petrol price stay. We are top 10 cheapest fuel price in the world but Malaysia is sitting at no. 25 for top oil production. We are not top oil production at all now. Thailand is no. 29 oil production, only 4 spot behind. But Thailand fuel price is equivalent RM5.4 per litre, 244% compare to Malaysia. Malaysia GDP per capital is USD13k while Thailand is only USD7.7k by IMF. Mean Thailand is much poorer than Malaysia while having much higher petrol price (more than double). Malaysian still wanna complain?
looks like govt will lower the ron95 petrol price even further to RM1.99 for the M40 and B40, so is this a robinhood govt which helps the poor , plainBS and RakyatMalaysia any comment ?