KUALA LUMPUR, July 4 — The Economy Ministry has emphasised that the focus and priority are now on the implementation of diesel subsidies until the targeting of diesel subsidies becomes stable and achieves the set objectives.
It is also examining the need to implement subsidy rationalisation for RON95 petrol.
“The fuel subsidy targeting initiative has commenced with diesel subsidy to ensure the country’s economic sustainability by reducing leakages from smuggling activities and minimising the impact on the cost of living.
“Through this approach, the targeting of diesel subsidies is expected to generate RM4 billion in savings for the government and can provide a wider fiscal space in improving the quality of public services,” said the ministry on the Parliament’s website today.
Regarding whether there is an overlap between the Central Database Hub (Padu) and the Budi Madani initiative, it said that based on the government’s overall approach to formulating and implementing the national development agenda, the programmes being implemented are interconnected and support the government’s goals.
“Padu is still in the improvement stage, and data integration will continue to be implemented from time to time,” said the ministry.
— Bernama
