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Malaysia's government has restored fuel subsidies under the BUDI MADANI programme, increasing RON95 petrol quotas to 300 litres and diesel allowances to 400 litres, providing financial relief to workers and small business operators across the nation.
Prime Minister Anwar Ibrahim has disclosed that Malaysia is absorbing substantial fuel price increases through annual government subsidies reaching RM50 billion to keep RON95 petrol frozen at RM1.99 per litre.
Malaysia's combined RON95 and diesel subsidies could reach RM3.5 billion monthly if crude oil holds at US$90 per barrel, though the government expects higher petroleum revenues to offset increased costs.
Prime Minister Anwar Ibrahim has rejected calls for further fuel price reductions, citing Malaysia's RM40 billion annual subsidy expenditure and the need to protect the nation's economic health and fiscal balance.