KUALA LUMPUR, May 26 — The rationalisation of RON95 subsidies will be implemented in the second half of 2025, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
He said the Finance Ministry (MOF) will continue with the subsidy rationalisation, but the current focus is on identifying eligible groups.
“MOF will proceed with the subsidy rationalisation, but for now, the priority is to ensure the right recipients are identified.
“Prime Minister Datuk Seri Anwar Ibrahim, along with the Cabinet, is discussing the eligibility threshold for Malaysians, where the qualifying level to receive subsidies will be raised,” he told the media after officiating the Malaysian Institute of Accountants International Accountants Conference 2025 here today.
He said the government is considering the use of MyKad as a mechanism for implementing targeted RON95 subsidies.
“Every Malaysian citizen has an IC, and we have already used it under the Sumbangan Asas Rahmah, which has proven effective. For now, the MOF is tightening the system to enable its use in the adjustment of the RON95 subsidy,” he said.
Meanwhile, responding to a question on the government’s stance on industry players’ calls to postpone the implementation of the sales and services tax (SST), Amir Hamzah said the government is reviewing feedback from stakeholders.
“The government always takes into account everyone’s views. Regarding the SST expansion we are implementing, we have discussed it with all the stakeholders, and whatever feedback we have received has been taken into consideration,” he added.
— Bernama
