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Govt will consider economic conditions before RON95 subsidy

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The government is expected to implement targeted RON95 petrol subsidies by the middle of this year.

KUALA LUMPUR: The government will take into account the current economic situation when deciding on the implementation of the RON95 targeted subsidy, says deputy economy minister Hanifah Hajar Taib.

Hanifah said the implementation of the subsidy required an in-depth evaluation at the Cabinet level, including feedback from the relevant ministries.

“We need to look at the economic conditions. Hence, any proposals will first be presented to the Cabinet,” she told reporters after the WE2025: Future in Motion pre-launch event, here today.

Tags:B40Economyfuel subsidyHanifah Hajar Taibm40PetrolRON95targeted subsidy


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