Malaysia plans to release criteria for RON95 petrol subsidy eligibility in early 2025, targeting lower-income groups.
The Malaysian Economy Ministry plans to release criteria for the RON95 petrol subsidy eligibility by the first quarter of 2025. The classification, focusing on the T15 high-income group, will be made public by mid-2025, allowing appeals for those not registered or deemed ineligible. The subsidy, based on net disposable income, is expected to benefit 85% of Malaysians and aims to save RM8 billion annually by targeting lower-income groups.
4 months ago
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