Fomca: Govt should give higher petrol subsidy

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NSTnation: It is estimated that the government will fork out RM65.4 million per month to implement the targeted petrol subsidy programme.

Its deputy president, Mohd Yusof Abdul Rahman, said the subsidy of RM30 for four-wheel vehicles and RM12 for motorcycles every month was too low.

“In fact they can provide more as most people travel far and it consumes a lot of costs,” he said today. Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail announced today that about 2.9 million Bantuan Sara Hidup recipients in the peninsula who had vehicles with valid road tax would receive petrol subsidies from Jan 1.It is estimated that the government will fork out RM65.4 million per month to implement the targeted petrol subsidy programme.

The PSP is aimed at reducing the cost of living for low-income households who earn RM4,000 and below, which includes the disabled and those whose vehicles are eligible for subsidies.

 

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