TELUK INTAN, May 23 — The implementation of a targeted diesel subsidy in Peninsular Malaysia is a decisive measure by the Madani government to curb financial leakages, said Housing and Local Government Minister Nga Kor Ming. He emphasized that the government, led by Prime Minister Datuk Seri Anwar Ibrahim, has carefully considered the potential impact on the cost of living before initiating this subsidy.
“If the government does not implement targeted subsidies, the leakages will continue and worsen over time. It is very important for us to correct past mistakes,” Nga said. He highlighted that this responsible approach aims to ensure the country’s sustainability and could save RM4 billion annually, which can be redirected to benefit the people. The subsidy will support bus operators, taxi drivers, and fishermen, with additional cash assistance for small farmers, padi farmers, and petty traders, excluding the T20 group and 3.8 million foreigners.
