by DayakDaily Team
KUCHING, March 28: The government is considering implementing a two-tier pricing system and the usage of MyKad as part of the targeted RON95 subsidy mechanism, reports say.
Second Finance Minister Datuk Seri Amir Hamzah Azizan said the mechanism for the targeted subsidy is still being fine-tuned, with further implementation details expected to be announced after the first half of this year.
“The most important thing we want to ensure is that the system is robust. We will use two-tier pricing: a non-subsidised price and a subsidised price.
“More than 85 per cent of the population will receive the subsidised price; that is the approach to subsidy targeting in Malaysia,” he was quoted by Bernama as saying at a press conference during the launch of the RapidKL Open Payment On-Demand system yesterday.
According to Bernama, Amir Hamzah said that the use of MyKad for subsidy targeting could be based on the system used for the Sumbangan Asas Rahmah (SARA) programme.
The SARA programme utilises the MyKad system for the disbursement of financial assistance to eligible recipients.
The programme is set to benefit 5.4 million recipients across Malaysia starting April 1.
“There are over 3,500 retail stores and supermarkets that can utilise the MyKad system for SARA. So, if we can implement MyKad for 5.4 million people with 3,500 stores, it shouldn’t be much different if we use it for RON95 as well,” Amir Hamzah added. – DayakDaily
