Cabinet to review RON95 subsidy proposal before rollout next year, says Armizan

The Star

The mechanism on how the targeted RON95 subsidy would be implemented will be brought to the Cabinet before the subsidy programme is rolled out next year, says Datuk Armizan Mohd Ali.  The acting Domestic Trade and Cost of Living Minister said after launching the Cost of Living Symposium 2023 here on Tuesday (Nov 28) that discussions among ministries, including this ministry on how the mechanism would be set were ongoing, but did not say when the proposed mechanism would be brought before the Cabinet.  Read more at https://tinyurl.com/4dx4e2fu  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

Transcript

00:00 [Background noise]

00:05 How is your ministry involved in the targeted subsidy 2024 for petrol?

00:10 [Background noise]

00:12 [Bahasa Melayu]

00:22 The core ministry is the Ministry of Economy, but there is a special authority that involves all ministries including the KPDN.

00:33 And I think the overall mechanism will be laid out first by the Ministry of Economy in the Ministerial Council,

00:44 which will also bring together the views of various ministries including the KPDN itself.

00:52 [Bahasa Melayu]

00:54 There has been a basic decision and what I mean is in terms of implementation mechanism.

01:00 [Background noise]

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