Petrol Subsidy Malaysia 2019

The government s new petrol subsidy scheme will float the price of ron95 petrol and see eligible recipients receiving between rm48 motorcycle owners and rm120 car owners every.

Petrol subsidy malaysia 2019. The government s new petrol subsidy scheme only allows for one car per individual in the b40 group says tun dr mahathir mohamad. Under the 2019 budget owners of cars and motorcycles with 1 500 cc and 125cc engines will receive subsidies for ron95 petrol at 30sen per litre. Finance minister lim. The new petrol subsidy program psp was supposed to kick off on 1st january 2020 but now it has been postponed until further notice.

Update 11 october 2019. Monthly ron 95 petrol subsidy from q2 2019. Rm2 4 billion has been allocated for the subsidy which will benefit 8 million west malaysians. 40l for kapchai 100l for cars 1 5l and below in local news malaysian fuel prices by mick chan 2 november 2018 7 27 pm 141 comments.

Finance minister lim guan eng said today the targeted fuel subsidy programme for those in the m40. New petrol subsidy for only one car per person in b40 bracket. Eligible car owners can receive up to 100 litres of fuel each month while motorcyclists can receive up to 40 litres a month. The subsidy for car owners will be limited to 100.

About 5 million people are expected to benefit from this subsidy that will come in the form of a kad95 petrol subsidy card. Updated for 2019 with information about the bsh petrol subsidy. Check the latest petrol prices for ron95 ron97 and diesel in malaysia. On 7 october the long awaited petrol subsidy was finally announced by the minister of domestic trade and.

During the tabling of budget 2020 which came a week after the new targeted subsidy scheme was announced finance minister lim guan eng revealed that non b40 malaysians will also be eligible for the petrol subsidy this article has been updated to reflect that. While tabling budget 2019 finance minister lim guan eng had announced that cars below 1 500cc and motorcycles below 125cc are eligible for a 30 sen subsidy on ron95 petrol. Malaysians in the m40 middle 40 income group a petrol subsidy card will be issued sometime in march 2020.