RON95 subsidy rationalisation: Low-income group will not be affected, says PM

SHAH ALAM: Prime Minister Datuk Seri Anwar Ibrahim on Friday (March 28) stressed that the proposed implementation of subsidy rationalisation for RON95 petrol will not affect the low-income group.

As such, he said the public should not fall for dubious information spread by irresponsible parties because the petrol rationalisation was not implemented to affect the majority of the people.

“I don’t think the general public need to worry because 85% to 90% of them will not be affected by whatever method is introduced in the RON95 rationalisation issue (later). Don’t listen to the slander.

“For example, when we increase the electricity tariff, the increase will only be for the rich.

“The same goes for RON95, which will be imposed on foreigners and the super-rich.

“If their income is RM50,000 a month, then yes, they have to pay a little, but generally, many will not be affected,” he told reporters after performing Friday prayers at the Jamek Raja Tun Uda Mosque, Section 16 here on Friday.

On Thursday (MArch 27), Finance Minister II Datuk Seri Amir Hamzah Azizan said that the mechanism for the targeted RON95 subsidy is still being fine-tuned and will involve a two-tier pricing system as well as potentially involve using MyKad.

He said that the government does not want to make any pre-announcements regarding the matter at this time, and an announcement is expected after the first half of this year.