The Malaysian government has decided to maintain the RON 95 petrol subsidy for 85% of Malaysians.
This step was taken to ease the burden of the increasing cost of living, especially for the low and middle income groups.
This subsidy allows the majority of Malaysians to buy petrol at a lower price, despite fluctuations in oil prices in the international market.
Although this petrol subsidy remains, the government is also reviewing the subsidy distribution mechanism to ensure that it is more targeted to groups that really need it.
The move to maintain subsidies for 85% of the people is also part of the government's strategy in balancing the country's fiscal needs and ensuring the stability of the price of basic necessities for the people.
