Tag - Subsidy Rationalisation

RON95 petrol subsidy rationalisation to proceed, says Anwar

KUALA LUMPUR: The RON95 petrol subsidy rationalisation exercise will proceed as planned, says Datuk Seri Anwar Ibrahim. The Prime Minister made this announcement amidst a surge in global crude oil prices following the Israel-Iran conflict. ALSO READ: ‘Don’t delay RON95 revamp’ "There is no issue of raising the price of petrol for the vast majority of up to 85%...

Anwar denies ‘Robin Hood’ label amid subsidy reforms

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim has dismissed comparisons to "Robin Hood" following his recent introduction of subsidy rationalisation for the higher income group, known as the T15 group, after the 2025 Budget. Speaking at the Temu Anwar programme, Anwar said the implementation aims to assist lower income groups. "If we want to support the...

Diesel subsidy not abolished, govt still bears RM7bil in subsidies, says PM Anwar

KUALA LUMPUR: The government still bears around RM7bil in subsidies related to diesel in Peninsular Malaysia, says Prime Minister Datuk Seri Anwar Ibrahim. He explained that subsidies have not been abolished. The diesel subsidy rationalisation aims to ensure more efficient management of subsidies, preventing misuse and ensuring they reach appropriate groups. "The main goal of the diesel...