Friday, August 14

Targeted Fuel Subsidy Scheme commences Jan 1 – RM30 for cars, RM12 for motorcycles


Datuk Seri Saifuddin Nasution – Bernama file photo

PUTRAJAYA: The Targeted Fuel Subsidy Scheme will be implemented on Jan 1, 2020, said Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail.

He said through the scheme, the government will channel cash aid which will be credited directly into the accounts of the recipients once every four months, he said.

“The subsidy rate is RM30 a month for cars and RM12 a month for motorcycles, “ he told a media conference on the scheme here today.

It is estimated 2.9 million recipients will benefit from the scheme. – Bernama