KUALA LUMPUR, March 26 — The government is reportedly planning to reduce the monthly quota for subsidised RON95 petrol under the Budi95 programme from 300 litres to 200 litres.
As global oil prices remain volatile.Sources told The Edge that the move could be announced soon and may take effect in April, meaning consumers exceeding the limit would pay the market-based price.
The adjustment comes as fuel prices continue to climb, with unsubsidised RON95 rising to RM3.87 per litre. While RON97 and diesel in Peninsular Malaysia have recorded sharp increases in recent weeks.
The Ministry of Finance Malaysia is facing mounting subsidy costs, potentially reaching RM24 billion this year if crude oil prices stay elevated.
The policy shift is seen as part of broader efforts to balance fiscal sustainability while maintaining targeted support for consumers.
