Domestic trade minister: RON95 price cap may go once direct petrol subsidy arrives | Malay Mail

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Domestic trade minister: RON95 price cap may go once direct petrol subsidy arrives

RON95 is currently capped at RM2.08 per litre. — Picture by Ahmad Zamzahuri

“We will also have to decide on whether the targeted subsidies will be based on the current capped price, or on a float pricing system,” he was quoted as saying. Saifuddin said the subsidy will come into effect “very soon”, but his ministry is still waiting on information from the BSH secretariat before it finalises the number of BSH recipients that will receive aid.

 

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