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Gov’t won’t increase RON 95 price although cabinet discussed it, but foreigners to pay more – PM Anwar

  • Government guarantees no increase in RON 95 price for Malaysians despite cabinet discussions.
  • Prime Minister Anwar Ibrahim refuses proposal to raise RON 95 price for citizens but insists on adjustments based on subsidy amounts and market price.
  • Foreigners in Malaysia will face higher fuel prices as they currently benefit from significant subsidies, estimated at RM3-4 billion.
  • Economy minister Rafizi Ramli hands over fuel subsidy rationalization plan responsibility to finance ministry, led by Anwar, indicating a shift in management of RON 95 subsidy process.

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