By Media Selangor Team
KUALA LUMPUR, Sept 22 — The Madani government has set the RON95 price at RM1.99 per litre for all Malaysians starting September 30, says Prime Minster Datuk Seri Anwar Ibrahim.
The price reduction from RM2.05 per litre is made possible through targeted subsidies under the Budi Madani RON95 (BUDI95) programme.
The good news was announced by Anwar today at his monthly meeting with staff of the Prime Minister's Department.
All citizens — regardless of their income status — will be eligible for the subsidy if they possess a valid and active driver’s license.
All citizens will also receive a monthly allowance of 300 litres of RON95 petrol, except for e-hailing drivers, who can apply for a higher amount.
These benefits and privileges are given as an appreciation and recognition of the spirit of National Day and Malaysia Day, as well as to honour all Malaysians.
“Starting September 30, non-citizens and large companies will no longer be eligible for the subsidy, as it is meant solely for personal use. They will have to pay the non-subsidised price of about RM2.60 per litre, while Malaysian citizens will continue to enjoy the subsidised price of RM1.99 per litre,” he said, as reported by Bernama.
He added that, as a gesture of appreciation, police and military personnel will begin enjoying the RM1.99 per litre price from this Saturday, ahead of the official implementation date, while the B40 group, who are recipients of the Rahmah Cash Contribution (STR), will start enjoying the subsidised price from Sunday.
This is to allow the public to gradually adapt to the new subsidy mechanism.
For those who are digitally literate, Anwar said there are alternative payment options such as Touch ‘n Go and oil company applications like Petronas’ Setel, which eliminate the need to use MyKad for every transaction.
Over 16 million Malaysians will benefit from the drop in the petrol price, said Anwar.
