Domestic Trade and Consumer Affairs Minister Saifuddin Nasution Ismail today announced that the targeted fuel subsidy mechanism for lower engine capacity vehicles will be rolled out in stages from the second quarter of 2019.
He said the mechanism would be implemented in stages to allow the public to prepare itself as some would be eligible to receive the subsidy while others would not.
“We understand that the fuel price is sensitive to the consumer price index. We want consumers to be prepared, which is why we want to roll it out in stages,” he said in the Dewan Rakyat.
Azrina Surip (PH-Merbok) had asked the ministry about the outcome of engagements with the public on the targeted subsidy. Ahmad Maslan (BN-Pontian) meanwhile asked about the total subsidy for RON95 given before the new mechanism kicks in. He also asked if the subsidy would be given to fishermen and those using generators in Sabah and Sarawak.
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