BINTULU, June 21 — Prime Minister Datuk Seri Anwar Ibrahim today announced that the price of subsidised diesel for Malaysians will be reduced to RM2.10 per litre beginning in July, in a move aimed at easing the cost of living burden on the people.
Speaking at an event in Bintulu, Anwar said the reduced diesel price would be implemented nationwide through the use of MyKad, ensuring that the subsidy reaches eligible Malaysian citizens directly.
The Prime Minister said the decision reflects the MADANI Government’s commitment to returning the benefits of economic reforms, investment growth and improved national revenues to the rakyat.
“Although the world continues to face challenges arising from the global supply crisis, the government has chosen to channel the gains from economic growth back to the people,” he said.
Anwar also reaffirmed that the price of RON95 petrol would remain unchanged at RM1.99 per litre.
The announcement comes as the government continues efforts to strengthen targeted subsidy mechanisms while protecting the welfare of ordinary Malaysians amid global economic uncertainties.
Anwar added that further details on the implementation of the diesel subsidy programme will be announced by Finance Minister II tomorrow.
The diesel price reduction is expected to benefit millions of Malaysians and forms part of the government’s broader strategy to balance fiscal reforms with direct assistance for the people.
— MINUTESMY