KUALA LUMPUR, May 13 -- The government should maintain the Budi Madani RON95 (Budi95) fuel subsidy scheme for all Malaysians and instead require banks to contribute more directly to MSME support, DAP Bagan MP Lim Guan Eng said.

In a statement today, Lim said Prime Minister Datuk Seri Anwar Ibrahim could "avoid accusations of double standards" by targeting the banking sector rather than excluding the T20 income group from fuel subsidies.

He was responding to Anwar's consideration of limiting the Budi95 subsidy to lower-income groups.

Lim warned that such a move "risks being seen as short-sighted and eroding public trust" by turning fiscal reform into a policy that appears punitive rather than fair.

He said it also oversimplifies the fi...