Malaysia will provide RON95 petrol at RM1.99 per liter for citizens through improved governance that eliminated financial waste, Prime Minister Anwar Ibrahim announced. The Budi Madani RON95 program fulfills a longstanding pledge by PKR and Pakatan Harapan parties. Previous high debt levels and widespread corruption prevented earlier implementation of the subsidy measure. Government officials worked to address systemic financial problems before launching the initiative.
Police and military personnel began receiving the reduced rate on Friday, with cash aid recipients starting Saturday. All Malaysian citizens will gain access on Monday, regardless of their income level, through the new program. Foreign nationals will pay RM2.60 per liter while Malaysians enjoy the subsidized price. The government projects savings between RM2 billion and RM3 billion from the program, which will fund additional public assistance measures through the upcoming 2026 Budget.
Police and military personnel began receiving the reduced rate on Friday, with cash aid recipients starting Saturday. All Malaysian citizens will gain access on Monday, regardless of their income level, through the new program. Foreign nationals will pay RM2.60 per liter while Malaysians enjoy the subsidized price. The government projects savings between RM2 billion and RM3 billion from the program, which will fund additional public assistance measures through the upcoming 2026 Budget.
