KUALA LUMPUR, Dec 11 — The classification of the T15 (top 15 per cent) income group for the RON95 subsidy rationalisation will be announced by the first quarter of 2025, said Economy Minister Rafizi Ramli.
He said the announcement will allow appeals from those who have yet to register for the Central Database Hub, or PADU, and those who have registered but were found ineligible for the subsidy.
“There will be an appeals mechanism, which must be done prior to the implementation at petrol stations. Hence, the first quarter of 2025 is for completing that (determination of classification) first,” he said during a question-and-answer session in the Dewan Rakyat today.
He was answering a question from Datuk Radzi Jidin (PN-Putrajaya) on the RON95 subsidy implementation and approach.
Rafizi said the RON95 subsidy will be granted based on net disposable income, with 85 per cent of Malaysians eligible.
Previously, Prime Minister Datuk Seri Anwar Ibrahim said the targeted subsidies for RON95 can result in annual savings of RM8 billion, as wealthy individuals, foreign nationals and businesses, constituting 15 per cent of consumers, disproportionately benefit from 40 per cent of the RON95 subsidy.
— Bernama
