tags - Sinar Daily

JPN is offering free replacement of damaged MyKad chips nationwide, from Sept 23 to Oct 7. Photo by Bernama

Former Economy Minister Datuk Seri Rafizi Ramli claims that the implementation of the RON95 subsidy targeting scheme, which offers a price of RM1.99 per litre to citizens, does not guarantee a fair distribution of petrol subsidies.

Saifuddin urged Malaysians to keep their MyKad in good condition, noting that it serves not only as an identification document but also as a gateway to essential government services, including targeted subsidies. - Bernama photo

The price of RON95 petrol has been reduced to RM1.99 per litre, from RM2.05 per litre, effective Sept 30, through targeted subsidies under the Budi Madani RON95 (BUDI95) programme. Photo by Bernama

Prime Minister Datuk Seri Anwar Ibrahim. Photo by Bernama

The government announced that the price of RON95 petrol is expected to fall to as low as RM1.99 per litre once the government rolls out its targeted fuel subsidy programme at the end of September, this year. - BERNAMA FILE PIX

Economists say the targeted subsidy will benefit low and middle-income groups.

Malaysia University of Science and Technology (MUST) economics expert Professor Emeritus Dr Barjoyai Bardai stated that implementing targeted subsidies in the near term would be impossible.

Pix for illustration purpose only. - FILE PIX

The government is advised to impose a petrol levy on the wealthy (T15) upon road tax renewal, rather than complicating the system with a two-tier pricing method for RON95 subsidies. - File photo