When will M40 households be able to register for the petrol subsidy?

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Registration for the Petrol Subsidy Programme for M40 Households to Open in the Second Quarter of This Year

The Petrol Subsidy Programme (PSP) for middle-income households, categorised as M40, will be open for registration in the second quarter of the current year. This initiative, overseen by the Domestic Trade and Consumer Affairs (KPDNHEP) and the Finance Ministry, aims to provide targeted fuel subsidies. Discussions are ongoing regarding the most effective distribution mechanism, with both card and cash options being considered to ensure a smooth transition for recipients.
Distribution Mechanism Under Consideration

Both the KPDNHEP and the Finance Ministry are actively evaluating the optimal method for disbursing subsidies to M40 PSP recipients. The options being explored include a card-based system or direct cash transfers. The objective is to implement a seamless integration of the PSP, ensuring that consumers experience no discernible change when purchasing petrol after the programme is in effect.
Efficiency of Cash for B40 Group

Previous studies conducted for the B40 group, which represents lower-income households, indicated that cash distribution was the most efficient method for delivering subsidies. This finding has informed the ongoing discussions for the M40 programme, with the government seeking to leverage past efficiencies. The deferment of the PSP has allowed both ministries to reach a consensus on preferred distribution strategies.
Purpose of Targeted Subsidies

The Petrol Subsidy Programme is specifically designed to ensure that government financial assistance for fuel reaches the intended beneficiaries. A key objective of the PSP is to prevent individuals who own luxury vehicles and foreign nationals from receiving these targeted subsidies. This focus ensures that the subsidies are directed towards Malaysian households that most require them.

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When will M40 households be able to register for the petrol subsidy?

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