Fuel subsidies for non-BSH recipients too
- 5 years ago
The government has clarified the mechanisms for its fuel subsidy program, which covers all citizens who don't own more than two cars and two motorcycles are eligible for the aid. Aid can be claimed for only one vehicle.
For those who receive cost of living aid (BSH), they will receive RM30 per month in their accounts if they are car owners, and RM12 for motorcyclists.
Meanwhile, for non-BSH recipients, they will get a "Kad95" which will give them a subsidy of 30 sen per litre.
The fuel subsidy will kick-in whenever the RON95 market price determined
by the Automatic Pricing Mechanism (APM) is above RM2.08 per litre but no fuel subsidy will be given when the market-determined APM price falls below RM2.08 per litre.
Upon commencement of the fuel subsidy scheme, RON95 and
diesel retail prices will be gradually floated.
The first payout will be made on April 2020, including backdated payments from January onwards.
For those who receive cost of living aid (BSH), they will receive RM30 per month in their accounts if they are car owners, and RM12 for motorcyclists.
Meanwhile, for non-BSH recipients, they will get a "Kad95" which will give them a subsidy of 30 sen per litre.
The fuel subsidy will kick-in whenever the RON95 market price determined
by the Automatic Pricing Mechanism (APM) is above RM2.08 per litre but no fuel subsidy will be given when the market-determined APM price falls below RM2.08 per litre.
Upon commencement of the fuel subsidy scheme, RON95 and
diesel retail prices will be gradually floated.
The first payout will be made on April 2020, including backdated payments from January onwards.