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  • 3 months ago
The government will provide a basic quota of 200 litres of subsidised diesel at RM2.10 per litre under the Budi Madani Diesel (Budi Diesel) programme, says Datuk Seri Amir Hamzah.

At a briefing on the diesel subsidy on Monday (June 22), Finance Minister II said the decision followed a review conducted under the Budi Madani RON95 (Budi95) programme.

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00:02First, the diesel price will be reduced from $2.15 to $2.10 for all countries in July 2026.
00:19Second, to make this process, we will use a mechanism like what we did in Budi Ron95.
00:32With using IC card as a methodology to assess the individual.
00:42This means that if we can use IC card, we can assure that they are willing to be able to
00:52get a subsidy.
00:57This means that it will reduce the risk in the country.
01:03Then, because we think that we will get the income from that,
01:09we are willing to reduce the subsidy from $2.15 to $2.10 to $2.10.
01:18Third, with the mechanism that we have,
01:24we have to be able to use in the entire country.
01:29So, there is no difference between the mechanism between Semenanjung, Sabah and Sarawak.
01:36Fourth, as I said earlier, it will be on July 1 July 2026.
01:43If we look at the principle,
01:45we will be able to reduce the risk of $2 billion to $2 billion a year.
01:54And, because we have the risk of $2 billion a year,
01:56we will also be able to reduce the price of the diesel price from $2.15 to $2.10.
02:05And, before and after,
02:08we will see that the price of the oil price will be sold without subsidy.
02:13But, what is the price of the oil price is a difference?
02:19It is only the price of the people of Malaysia who have a license.
02:28It is a diesel price.
02:30It is a diesel price.
02:31It is a diesel price for buying diesel from the station minyak
02:38to the quota that is located.
02:40At the moment, there is no quota for diesel.
02:44But, in July 1 July,
02:47we will give a quota as much as 200 liters
02:51for a person who has a car or vehicle diesel
02:58or vehicle diesel
02:58that is registered below JPJ
03:00with road tax tax.
03:03So, this is the price of the oil price.
03:08This is the price of the oil price.
03:09We can understand that
03:10that now,
03:12half of them already have a petrol.
03:15So, we will not be able to buy that
03:17200 liters like Ron 95
03:19as well as Ron 95
03:21can be used
03:22between diesel and petrol.
03:24So, for everyone who has a car
03:27Ron 95
03:28can be able to buy
03:31below 95
03:32200 liters
03:33for diesel
03:35for diesel
03:35that they are not able to buy
03:38for a subsidiary
03:39can be used
03:40for the same
03:42200 liters
03:43so, we can open
03:44the key that has
03:45so, they can choose
03:47if they want to use Ron
03:48or diesel
03:51We also understand
03:53when we look at this
03:55and when we look at the oil market
03:57in this country
03:58can be used to
04:01a little bit
04:01that is not registered businesses
04:17but they are individual
04:18or a part time business that they can do or
04:20they can do. So, we feel that
04:23maybe they need
04:25less than 200 liters.
04:28We also understand that
04:30in the workplace,
04:32there is a
04:34range of pergerakan
04:35maybe more than what we have now.
04:38So, for diesel
04:40owners only, we
04:42give them a chance for them
04:44to allow
04:46100 liters
04:47some more than what we have, but they have
04:50to allow them.
04:51If they have a
04:52with pickup, because this is
04:55something that is always used to
04:58to
04:58grab barang, or
05:00grab
05:01to
05:02to
05:03the
05:04area.
05:07They are
05:07to allow for 100 liters
05:12from the
05:12kota.
05:14This is a little space
05:16for a little difference, maybe a little bit of the use of what there is from the RON.
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