Budi95 Fuel Subsidy Rewards
Dr Geoffrey Williams, Economist
23-Sep-25 07:45
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The Budi Madani RON95 (Budi95) fuel subsidy does not primarily benefit lower-income households, as initially indicated by the government, but instead rewards those who consume less petrol. Economist Dr Geoffrey Williams explains how this scheme fits into the Madani government’s broader fiscal reform agenda.
Image Credit: Shutterstock.com
Produced by: Jake Lim
Presented by: Elaine Boey, Shazana Mokhtar, Wong Shou Ning
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Categories: economy, technology, government
Tags: income cap, rationalisation, Budi95, ron 95, mykad,
