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Govt has saved RM800mil with Budi95 programme, says Anwar
The Star
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1 day ago
Prime Minister Datuk Seri Anwar Ibrahim said the government has saved RM800 million since the implementation of Budi95 on Sept 30.
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00:00
Prime Minister Datuk Seri Anwar Ibrahim said the government has saved RM800 million since
00:07
the implementation of Budi 95 on September 30.
00:11
In a Facebook post on Sunday, Anwar, who is also the finance minister, said the savings
00:16
came from better targeting of fuel subsidies for Malaysians, effectively curbing leakages
00:21
that had previously benefited more than 3.5 million foreigners and fuel smugglers.
00:27
He said every ringgit saved is being channeled back to the people through initiatives such
00:32
as the Rahma Cash Contribution , and the Rahma Basic Contribution , as well
00:38
as upgrades to clinics and hospitals, road improvements, and strengthened infrastructure.
00:44
Anwar said targeted fuel subsidies had been debated for more than 20 years by successive
00:49
governments, but none had the political will to implement them until the Madani government
00:54
introduced Budi 95.
00:57
Under the program, all Malaysian MICAD holders aged 16 and above with a valid driving license
01:03
are eligible to purchase up to 300 litres of subsidized Ron 95 fuel per month at RM1.99
01:10
$0.60 per litre compared with RM2.60 per litre without the subsidy.
01:17
under the program on the
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