All Malaysians will receive a monthly entitlement of 300 liters for subsidised RON95 petrol through the Budi Madani RON95 (BUDI95) program, which takes effect on September 30.
The Prime Minister, Datuk Seri Anwar Ibrahim, said this measure aims to ensure subsidies are distributed fairly to eligible users and to prevent theft.
“The government has set an eligibility ceiling of 300 liters per month for all citizens. However, e-hailing drivers are exempt from this eligibility ceiling and can apply for a higher value according to their needs,” he said in his speech at the Monthly Assembly with the staff of the Prime Minister’s Department (JPM) here today.
Anwar said the price of RON95 will be reduced from RM2.05 to RM1.99 per liter starting from the implementation date, while non-citizens will be charged RM2.60 per liter.
According to Anwar, who is also the Finance Minister, no registration is required for BUDI95, and users only need to use their MyKad to get the subsidized price.
The transaction process will be similar to the current one, but with an additional MyKad verification step to pay using a MyKad reader in stores and at petrol stations to reduce the risk of congestion.
For those who prefer to refuel through digital methods, options like Touch ‘n Go and oil company applications such as Setel are available, so a MyKad is not required for every transaction.
