KUALA LUMPUR, Aug 5 — The Finance Ministry (MOF) said detailed implementation plans for RON95 targeted subsidies will be announced by the end of next month, in line with Prime Minister Datuk Seri Anwar Ibrahim’s statement on July 23.
In a written parliamentary reply, the MOF said the government is developing and testing the subsidy targeting mechanism to ensure smooth execution upon rollout.
“This includes refining data from agencies such as the National Registration Department, Road Transport Department, and the Statistics Department,” it said.
“The government aims to adopt a more comprehensive approach to ensure RON95 subsidies reach the intended target groups.”
The MOF was responding to a question from Mohd Sany Hamzan (Harapan-Hulu Langat) about the subsidy implementation, particularly the front-end and back-end phases, as announced by the Economy Ministry.
According to the MOF, once implemented, the retargeted subsidy mechanism will allow eligible Malaysians to enjoy RON95 at RM1.99 per litre via their MyKad. Non-citizens and those ineligible for the subsidy will pay the unsubsidised rate.
