RM200 monthly Budi Madani assistance enough for most Malaysians, says Finance Ministry

RM200 monthly Budi Madani assistance enough for most Malaysians, says Finance Ministry

PUTRAJAYA: The monthly RM200 Budi Madani cash assistance should be sufficient to off-set the increase in the price of diesel for most Malaysians, says Datuk Seri Amir Hamzah Azizan.

“The RM200 is sufficient to cover 80% of diesel vehicle owners based on consumption patterns from Statistics Department data,” said the Finance Minister II at a press conference here on Sunday (June 9).

ALSO READ: Govt will soon announce procedures for claiming cash rebates for subsidised diesel

He also said that those who feel the amount is insufficient can appeal to the ministry.

He said the Budi Madani cash assistance will be implemented this Monday (June 10) and involve some 30,000 diesel vehicle owners under the first batch of recipients.

As of June 8, more than 30,000 applicants have been approved to receive the aid.

ALSO READ: Diesel subsidy rationalisation: First batch of Budi Madani recipients to get payments on June 10 .

Amir Hamzah also said that there was no closing date for applications under the Budi Madani initiative.

He added that cash assistance was limited to one vehicle per individual.

ALSO READ: Wee: Budi Madani diesel subsidy scheme too stringent

Besides the Budi Madani cash assistance, he said that subsidised diesel would still be provided via fleet cards at RM2.15 per litre to eligible logistics vehicles to mitigate any effects on the prices of consumer goods.

He added that subsidised diesel would still be provided for land public transport, including school buses, express buses, ambulances, hearses and fire engines at RM1.88 per litre.

He said that subsidised diesel for fishermen stays at RM1.65 per litre.

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