Top 5% may be excluded from RON95 fuel subsidy



JOHOR BAHRU: Prime Minister Anwar Ibrahim has proposed excluding the wealthiest 5% of the population from receiving the targeted RON95 fuel subsidies under a scheme expected to be implemented this year.
In his winding-up speech at the PKR national congress today, the party president, who is also the finance minister, said the targeted subsidies idea should not be rejected.

“If we implement this, perhaps we’ll start with the top 5% – the ultra-rich.


“This group of people won’t air their grievances themselves. Instead, they will get two or three MPs to speak on their behalf,” he said, without specifying who he was referring to.

Anwar also said foreigners would continue to be excluded from benefitting from the targeted subsidies for RON95. Currently, foreign vehicle owners are not allowed to purchase the subsidised RON95 fuel at petrol stations.

“These foreign vehicle owners are costing us an estimated RM3 to RM4 billion in subsidies.

“So if we withdraw these subsidies, it simply means those buying fuel will need to show their MyKad, or we’ll come up with other detailed mechanisms to identify eligible recipients.

“No country in the world gives subsidies to foreigners. And where else do you see fuel subsidies for someone who owns a Rolls-Royce?

“Many opposition MPs end up acting as spokesmen for the ultra-wealthy, the ones with Rolls-Royces, and then they get PAS MPs to defend them,” he said.

Last December, economy minister Rafizi Ramli said the government would announce the T15 high-income classification, which will identify those to be excluded from targeted subsidies, by the first quarter of 2025.


On Monday, he was quoted as saying that the decision on the RON95 fuel subsidy rationalisation plan had been handed over to the finance ministry following a Cabinet decision.

He said his ministry had engaged with the Cabinet four times regarding this matter and the current position was to await further updates from the finance ministry.


https://www.freemalaysiatoday.com/category/...heme-says-anwar

mahakaya lettew

so 20k /ktards all kena?

This post has been edited by ipohps3: May 24 2025, 08:07 PM

Talked for how long alrdy
No action taken, continue subsidy to all je lah
Weak

Mintak driver pegi fill up jer

You mean the top 5% that decide their own salary in parliament

this is now uturn on uturn???

i thought PMX said no cancellation of subsidies... and now suddenly cancel on t05???

Ok, somebody korek the statistic.

How much income to be in the top 5%?

Those get excluded would be a badge of honour and could get their staffs to fuel for them. Stupid people come with stupid idea.

Raja formula dah hampir resign pun belum tarik subsidi

top 5% pump 97 ada kesah meh

Roti najib 2.0

then do quickly la, badawi effect soon.

Even the top spender also find some way to cut cost to keep their dynasty and riches

depending on how the targeted policy works. if they do like subsidy RM30 per month per mykad--which i hope this is the way, then B95 wont let T5 use it.

/ktard dulu dap ubah bersih right.

all katrds kena la if like that... haizzz....

Lampa pa lan, t5 where got time go fill petrol?

Then why did he even say no price hike for all Malaysians earlier
If got subsidy cap then make it clear lor
Macam keep U-turn roundabout flyover
Just make decision and introduce la

Keep making hoo haa here and there everyone also confused later

Over past two years how many “proposed mechanisms” already talk about

Still no decision yet and he say he reject in cabinet

Lol

There will be a monthly cap for all non top 5

at this rate better just remove all subsidy and return back gst at 5%