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.