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  • 8 months ago
The RON95 petrol subsidy rationalisation exercise will proceed as planned, says Prime Minister Datuk Seri Anwar Ibrahim.

Speaking to reporters after launching Energy Asia 2025 on Monday (June 16), Anwar also criticised the opposition for creating a negative narrative about the government's proposed subsidy rationalisation exercise.

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Transcript
00:00On RON95 implementation of ticket subsidies, with the oil prices going surging,
00:06some say that it's the best time to do it now.
00:10Well, there are a lot of negative campaigns about RON95.
00:16We have said, and I would like to reiterate the point,
00:19there's no issue of RON95 increase affecting 85-90% of our people.
00:26So that must be made very clear.
00:28Whatever the opposition says, it's just a gimmick, a desperate gimmick,
00:33to show that people are facing hardship.
00:35More negative news from them when we need positive, encouraging news to help propel our economy.
00:43No issue about raising the price of petroleum to the vast majority, 85-90% of our people.
00:53That's important.
00:54Whether we'll do it, yes, we'll do it, because subsidy rationalisation is something that is critical for our nation.
01:02We want to have enough resources to help the poor, to enhance the quality of education,
01:08to give better public services, including health.
01:11Okay.
01:12Okay.
01:12Okay.
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