RON95 subsidy rationalisation coming mid-2025

BUDGET 2025 | The government is looking to implement its long-awaited subsidy rationalisation programme for RON95 petrol in mid-2025, following a similar move for diesel earlier this year.

However, Finance Minister Anwar Ibrahim pledged that his administration will still be footing the subsidy bill to ensure that 85 percent of Malaysians will not be affected.

“For the avoidance of confusion, I would like to emphasise once again that subsidies will continue for 85 percent of the rakyat, so the government will have to bear an estimated RM12 billion...