Malaysia

Minister: RON95 petrol subsidy up 10 sen, pump price unchanged

PUTRAJAYA, March 27 — The government’s subsidy burden for RON95 petrol rose by 10 sen per litre this month due to increasing global oil prices said Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob today to the Star.

He said that the total subsidy per litre is now RM1.03. RON95’s pump price presently is RM1.90 per litre.

Ismail Sabri (picture) said the government does not want people to bear the burden.

Last December RON95 pump price was raised 5 sen.

Late last month, Prime Minister Datuk Seri Najib Razak assured Malaysians that RON95’s — which is used by most motorists — present price would be sustained regardless of global oil prices. 

 

Comments

Please note that you must sign up with disqus.com before commenting. And, please refrain from comments of a racist, sexist, personal, vulgar or derogatory nature and note that comments can be edited, rewritten for clarity or to avoid questionable issues. As comments are moderated, they may not appear immediately or even on the same day you posted them. We also reserve the right to delete off-topic comments