Better supply management led to fuel quota restoration, says ministry
The finance ministry says stronger enforcement, a robust economy and the government’s financial capacity also contributed to the decision.
Finance ministry reveals that improved supply management played a role in the government's decision to raise the monthly fuel subsidy quota under the BUDI Madani programme from 200 litres to 300 litres, starting tomorrow. Stricter enforcement, robust economic performance, and the government's financial capacity were also considered in this decision.
The move acknowledges the requirements of those needing to travel long distances for daily activities and small traders who depend on vehicles for income. The Madani government pledges to ensure fuel subsidies reach eligible Malaysians while tightening measures to prevent leakages, smuggling, and misuse. The BUDI 95 quota was previously reduced to 200 litres on April 1 due to increased global crude prices and supply chain disruptions caused by the conflict in the West Asia region.
Over 16 million users benefit from subsidized RON95 at RM1.99 per litre, and over 700,000 individuals are also entitled to subsidized diesel at RM2.10 per litre. More than half a million eligible private diesel vehicle owners of pickup trucks and jeeps can apply for an additional 100 litres monthly, increasing their total monthly entitlement to 400 litres.
Those who have not yet applied for the additional quota can do so via the BUDI Madani portal; approved owners will automatically have their entitlement adjusted to 400 litres from September 1.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Better supply management led to fuel quota restoration, says ministry freemalaysiatoday.com
