What specific RM amounts did fuel subsidies reach during price surges?

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Fuel Subsidies Reached Billions During Price Surges

The Malaysian government's monthly expenditure on fuel subsidies saw a dramatic increase, escalating from approximately RM700 million in January 2026 to around RM5 billion by May of the same year. During a peak period in April, the monthly subsidy bill reportedly surged to RM7.5 billion due to a sharp rise in international oil prices. Despite these escalating costs, the government maintained the subsidised price of RON95 at RM1.99 per litre for eligible Malaysian consumers throughout this timeframe.
Escalating Monthly Subsidy Expenditure

The financial burden of fuel subsidies on the government expanded significantly in early 2026. Starting at an estimated RM700 million in January, the expenditure climbed substantially, reaching approximately RM5 billion by May. This upward trend reflects the direct impact of fluctuating global energy markets on domestic subsidy costs.
April Peak in Subsidy Costs

The month of April marked a critical point in the government's subsidy spending, with the monthly bill reportedly reaching RM7.5 billion. This surge was directly attributed to a sharp increase in international oil prices, indicating a period of intense pressure on public finances due to external market forces.
Sustained RON95 Price

Notwithstanding the substantial increase in government expenditure, the retail price for RON95 petrol for eligible Malaysians remained fixed at RM1.99 per litre. This policy decision meant that the government absorbed the increased costs internally rather than passing the full impact of the global price hikes directly onto consumers.

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What specific RM amounts did fuel subsidies reach during price surges?

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