Fuel subsidy under review


  • Nation
  • Sunday, 22 May 2022

KUALA LUMPUR: Targeted fuel subsidy is being mulled by the government for the lower income group as rising global crude oil prices push the subsidy bill higher. The announcement by International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali comes amidst rising crude oil prices and drastic increase in government fuel subsidy.

“We’ve talked about the review. Those with BMWs cannot enjoy the same subsidies as those with Kancils,” he said during a press conference yesterday.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

No foul play in infant's sudden death, says cops
Those jailed for over 10 years not eligible for house arrest, says Saifuddin
Proposed House Arrest Bill would affect mostly detainees under remand, says Home Minister
Cops raid call centre operated by syndicate, Chinese nationals arrested
Businessman jailed 10 years, whipping for robbing engineer
RM1.6mil losses reported in Ranau as scammers target rural Sabahans
Expanding downstream activities key to rapid development in Sabah
Northeast monsoon: 20% to 40% more rainfall than last year expected, says MetMalaysia
Parties in Duta Enclave dispute advised to negotiate on compensation, said to be in the billions
Cops waiting for Armed Forces' findings into alleged bullying incident

Others Also Read