Skip to playerSkip to main content
The Star
  • 2 days ago
Prime Minister Datuk Seri Anwar Ibrahim said the government has saved RM800 million since the implementation of Budi95 on Sept 30.

Read more at https://tinyurl.com/yppw3yz6

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
Transcript
00:00Prime Minister Datuk Seri Anwar Ibrahim said the government has saved RM800 million since
00:07the implementation of Budi 95 on September 30.
00:11In a Facebook post on Sunday, Anwar, who is also the finance minister, said the savings
00:16came from better targeting of fuel subsidies for Malaysians, effectively curbing leakages
00:21that had previously benefited more than 3.5 million foreigners and fuel smugglers.
00:27He said every ringgit saved is being channeled back to the people through initiatives such
00:32as the Rahma Cash Contribution , and the Rahma Basic Contribution , as well
00:38as upgrades to clinics and hospitals, road improvements, and strengthened infrastructure.
00:44Anwar said targeted fuel subsidies had been debated for more than 20 years by successive
00:49governments, but none had the political will to implement them until the Madani government
00:54introduced Budi 95.
00:57Under the program, all Malaysian MICAD holders aged 16 and above with a valid driving license
01:03are eligible to purchase up to 300 litres of subsidized Ron 95 fuel per month at RM1.99
01:10$0.60 per litre compared with RM2.60 per litre without the subsidy.
01:17under the program on the
Be the first to comment
Add your comment

Recommended

E-invoice exemption threshold raised to RM1mil, says PM
The Star
2 weeks ago
Targeted subsidies will save the country, says PM
The Star
2 years ago
Budi95: PM Anwar explains rationale behind subsidised fuel for 85% of Malaysians
The Star
7 weeks ago
Budi95 to generate savings, strengthen targeted social assistance, says Anwar
The Star
2 months ago
Government can consider RM100 student aid, says Anwar
The Star
4 months ago
Returns from targeted subsidies will be enjoyed by the people, says Anwar
The Star
3 months ago
Anwar says government will not rush new taxes before plugging leakage
The Star
2 months ago
Highlights from Budget 2026
The Star
2 months ago
Government aims to reduce national debt, says Anwar
The Star
5 months ago
Govt to provide RM100mil supplementary subsidy for Felda, says PM
The Star
1 year ago
Anwar chides previous govt, saying initiatives at a standstill during their time in power
The Star
10 months ago
Check facts before criticising govt, says Anwar
The Star
1 year ago
Repaying RM48bil 1MDB debt last year means people-centric projects missed out, says PM
The Star
1 year ago
Anwar officially clocks in as Finance Minister
The Star
3 years ago
Anwar not thinking of helming Finance Ministry
The Star
3 years ago
Do not tolerate corruption, power abuse, says Anwar
The Star
1 year ago
Anwar: Corruption pushed up prices
The Star
2 years ago
Leadership demands moral clarity and courage to reform, says Anwar
The Star
3 months ago
Sejahtera Madani initiative surpassed its target with RM120mil raised, says PM Anwar
The Star
5 months ago
Anwar questions high management costs in poverty eradication efforts
The Star
1 year ago
Govt studying impact of various measures before deciding on RON95 subsidy rationalisation - Anwar
The Star
1 year ago
Don't expect sympathy after you've siphoned millions, says Anwar
The Star
10 months ago
Budi95: Server system can process 30,000 transactions per minute, says Anwar
The Star
3 months ago
Targeted subsidies, tariff restructuring save RM6bil, Says Anwar
The Star
2 months ago
Floods: Over RM200mil channelled to state govts to ease recent rescue ops, says PM
The Star
10 months ago