By Shikin Louis
KUCHING, Sept 22: Malaysians will enjoy cheaper RON95 petrol from Sept 30 as the government introduces the BUDI Madani RON95 (BUDI95) targeted subsidy scheme, which will lower the price from RM2.05 to RM1.99 per litre.
Purchases can be made by verifying MyKad at counters and pumps, or via mobile fuel station applications.
Prime Minister Datuk Seri Anwar Ibrahim said the benefit will be rolled out earlier for police and armed forces personnel beginning Sept 27, while Sumbangan Tunai Rahmah (STR) recipients will be eligible from Sept 28.
“Malaysia has taken a bold step in reducing the price of RON95 to RM1.99 per litre at a time when the world is facing uncertain global economic conditions.
“This move is the highest form of appreciation for all Malaysians who continue to work hard, persevere and share the same determination with the Madani government in driving the nation’s economic growth. Our success today is the result of the people’s unwavering strength,” he said in a Facebook post today.
At an assembly with Prime Minister’s Department staff broadcast live on Facebook earlier, Anwar explained that non-citizens and large corporations will not be eligible for the subsidised price, which is meant only for Malaysians with personal driving licences.
“All Malaysian citizens with a valid driving licence will automatically qualify for RON95 at RM1.99 per litre, while non-citizens will pay the unsubsidised rate estimated at around RM2.60 per litre.
“Based on Road Transport Department (JPJ) and National Registration Department (NRD) data, it is estimated that more than 16 million Malaysians will benefit from BUDI95,” he said.
In a separate statement, the Ministry of Finance (MoF) said each citizen will be entitled to up to 300 litres of subsidised RON95 per month. More than 99 per cent of private vehicle owners in Malaysia do not exceed this amount.
E-hailing drivers will be exempt from the quota and can apply for additional allocations to support their livelihood.
To ensure a smooth rollout, no registration is required for BUDI95. Malaysians only need to verify their MyKad at fuel station counters or pumps, with MyKad readers installed at both points. Payments can also be made via e-wallets such as TNG and through apps like Setel (PETRONAS) and CaltexGo.
MoF also advised the public to ensure that their MyKad chips are functioning and driving licences remain valid before the transition. However, those who have successfully redeemed Sumbangan Asas Rahmah (SARA) or related assistance need not rush to renew their MyKad, as that indicates the chip is working.
The Ministry stressed that updates on BUDI95 will be released from time to time and urged the public to refer only to MoF’s official channels for accurate and up-to-date information. — DayakDaily
