BFM 89.9
The Business Station
Fundamental Flaws In The RON95 Subsidy Rationalization Approach
10 mins·08:30, 17 Sept 2025
Fundamental Flaws In The RON95 Subsidy Rationalization Approach
10 mins
·
08:30, 17 Sept 2025
·
Recommended
Guest: P. Gunasegaram, Independent Business Writer
With the RON95 petrol subsidy rationalization seemingly forthcoming, the Ministry of Finance has said eligibility will be determined using PADU’s socio-economic database, along with income and asset data. Officials claim the move could save up to 8 billion ringgit a year, while costing about 20 billion ringgit annually. P Gunasegaram, independent business writer gives us his thoughts on its implementation.
Image Credit: Shutterstock.com
Presenter: Shazana Mokhtar, Philip See, Elaine Boey
Producer: Jake Lim
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