Kuala Lampur, May 12 -- KUALA LUMPUR, May 12 - Malaysia is considering further tightening the subsidised RON95 fuel allocation under the Budi95 programme, with the monthly cap potentially reduced to 150 litres, the New Straits Times (NST) reported.
Deputy Finance Minister Liew Chin Tong said the proposed adjustment is based on consumption data showing that most Malaysians use significantly less than the current subsidised threshold.
According to the report, the quota was previously reduced from 300 litres to 200 litres in March as part of the initial rationalisation phase.
"The data consistently show that 80 per cent of Malaysians use less than 200 litres. The next step is 150 litres, as 60 per cent of the population uses less than 150...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.