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MOF assures fleet card limit to buy diesel is volume-based

11 Jun 2024, 5:29 AM
MOF assures fleet card limit to buy diesel is volume-based

PUTRAJAYA, June 11 — The fleet card issued under the Subsidised Diesel Control System (SKDS) for 33 types of public transport and goods vehicles has a filling limit in terms of volume, not cost, the Finance Ministry said.

Deputy Finance Minister Lim Hui Ying said details on the use of the fleet card will be announced by Finance Minister II Datuk Seri Amir Hamzah Azizan.

“There is a limit in terms of litres, not amount (cost), but I think we will wait for the Finance Minister II (Amir) to make the announcement. We have yet to set that limit,” she said.

Lim told reporters this after opening the Malaysia Tax Policy Forum organised by the International Strategy Institute here today.

On Sunday, the government announced diesel in Peninsular Malaysia would cost RM3.35 per litre effective June 10 under the targeted subsidy system. Diesel would still cost RM2.15 per litre in Sabah, Sarawak and Labuan.

Under the subsidy rationalisation, the government has set diesel prices for eligible sectors, including SKDS 2.0 for logistics vehicles, at RM2.15 per litre; SKDS 1.0 for land public transport, including school buses, express buses, ambulances and fire engines remains at RM1.88 per litre; and subsidised diesel for fishermen is maintained at RM1.65 per litre.

Asked about complaints from private diesel vehicle owners that the RM200 monthly cash subsidy under the Budi Madani initiative is insufficient, Lim said that amount is enough based on studies that have been conducted.

She said the RM200 will be maintained for now but will be reviewed to see if there is a need to increase the amount, based on feedback.

— Bernama

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