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BUDI95: 13.9 Mln Enjoyed Petrol Subsidy Programme, With RM5.16 Bln In Sales As Of Nov 30 -- Lim

 

KUALA LUMPUR, Dec 2 (Bernama) -- More than 84 per cent of 16.5 million eligible Malaysians, or 13.9 million, have enjoyed the RON95 petrol price of RM1.99 per litre under the BUDI MADANI RON95 (BUDI95) programme as of Nov 30, 2025, according to Deputy Finance Minister Lim Hui Ying.

During the same period, BUDI95 also recorded sales of RM5.16 billion, or petrol usage of 2.59 billion litres, she said.

“The government is expected to generate savings of around RM2.5 billion to RM4 billion a year, subject to global oil prices and based on domestic consumption survey data prior to BUDI95’s implementation.

“This savings range takes into account various global crude oil price scenarios or between US$60 and US$80 per barrel, as well as the elimination of subsidies for non-targeted segments such as non-citizens and commercial users,” she said during Dewan Negara's question-and-answer session today.

She was responding to Senator Dr Lingeshwaran R. Arunasalam's question on the government's fiscal savings a month after the BUDI95 targeted subsidy programme was launched.

Lim said given that targeted RON95 petrol subsidy programme only started on Sept 30, 2025, annual savings can only be assessed starting in 2026.

“The 2025 focus will continue to be on monitoring and improving implementation mechanisms to ensure the BUDI95 system remains stable and user-friendly for the people while helping to address subsidy leakages,” she said.

The savings to be achieved via the various targeted subsidies implemented, including BUDI95, have opened up a wider fiscal space for the government that would benefit the people's well-being.

“This fiscal space also strengthens the government’s ability to finance the development of educational, healthcare and public transportation facilities nationwide.

“In conclusion, the nation’s savings through targeted subsidies allow the government to allocate more funds for welfare agendas, assistance to address the cost of living, education, healthcare, and investments to provide a quality infrastructure for the people,” Lim said.

-- BERNAMA