How many Malaysians will benefit from the targeted fuel subsidy?

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Approximately 6.6 million Malaysians will benefit from the targeted fuel subsidy.

The revised fuel subsidy system, set to be implemented in the second quarter of 2019, is projected to benefit a significant portion of the Malaysian population. This initiative will provide a cheaper price for RON95 petrol to eligible car and motorcycle owners.
Eligible Car and Motorcycle Owners to Receive Subsidies
The targeted fuel subsidy will be available to cars with an engine capacity below 1,500cc and motorcycles with a capacity below 125cc. Eligible car owners can receive a subsidy of up to 100 litres per month, while eligible motorcycle owners will be entitled to 40 litres per month. This scheme aims to improve upon the previous manifesto promise, which had set lower engine capacity limits.
Significant Number of Beneficiaries
An estimated four million car users and 2.6 million bikers are expected to benefit from this programme. This brings the total number of individuals likely to benefit from the targeted fuel subsidy to approximately 6.6 million.
Measures to Prevent Leakages and Smuggling
The implementation of this new scheme is also intended to address issues of fuel price arbitrage and cross-border smuggling. By offering a specific price point for eligible vehicles, the government aims to reduce leakages within the existing fuel subsidy framework. Other vehicles not meeting the criteria will continue to be subject to the Automatic Price Mechanism (APM) pricing.

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How many Malaysians will benefit from the targeted fuel subsidy?

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