B40, M40 benefit most from BUDI95 fuel subsidy, says minister
Amir Hamzah Azizan says the usage data contradicts the common perception that the T20 group consumes more fuel than the B40 and M40 groups.
Finance Minister II Amir Hamzah Azizan revealed that the Budi RON95 fuel subsidy initiative has most benefited the B40 and M40 income groups, according to consumption data. The minister clarified that this conclusion is based on data collected through the MyKad system at petrol stations, which records every purchase made with the subsidy.
The government is currently refining these figures and expects to provide more details within two months. Amir emphasized that the T20 group, often thought to consume more fuel due to owning larger vehicles, does not necessarily benefit the most from the subsidy. The BUDI95 initiative sets the RON95 petrol price at RM1.99 per litre, down from RM2.05, with a monthly quota of up to 300 litres per person.
Only Malaysian citizens are eligible for the subsidy, which aims to correct public perception about the distribution of benefits across different income groups.
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