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Malaysia reviews diesel subsidy, considering family transfers
🇲🇾 Malaysia /Economy & Trade

Malaysia reviews diesel subsidy, considering family transfers

From Utusan Malaysia · () Malay

Translated from Malay, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • The Malaysian government is considering improvements to its targeted diesel subsidy program, with announcements expected within one to two months.
  • Potential changes include simplifying application processes, reviewing eligibility criteria, and allowing quota transfers to immediate family members under specific circumstances.
  • Approximately 120,000 four-wheel-drive and pickup truck owners in Sabah are eligible for the expanded diesel subsidy, but only about 49,000 have applied so far.

The Malaysian government is actively reviewing its targeted diesel subsidy program, with Finance Minister II Datuk Seri Amir Hamzah Azizan indicating that improvements and announcements are forthcoming within the next one to two months. These potential enhancements aim to streamline the implementation and ensure the aid reaches eligible individuals more effectively.

We are still looking at several improvement proposals. Within a month or two, we will make an announcement regarding these improvements, especially in terms of process and eligibility.

— Datuk Seri Amir Hamzah AzizanMinister of Finance II, on the upcoming changes to the diesel subsidy program.

Key considerations include simplifying the application process and re-evaluating the criteria for recipients. The government is also examining issues related to jointly owned vehicles, owners with multiple vehicles, and the possibility of transferring subsidy quotas to immediate family members in certain situations. "We are still looking at several improvement proposals," Amir Hamzah stated, emphasizing the goal of ensuring those who qualify truly benefit from the diesel subsidies.

We want those who are eligible to truly benefit from this diesel subsidy.

— Datuk Seri Amir Hamzah AzizanMinister of Finance II, stating the objective of the subsidy program.

In Sabah, the expanded eligibility for the diesel subsidy now includes approximately 120,000 owners of four-wheel-drive vehicles and pickup trucks, who can apply for a 300-liter quota. However, only about 49,000 have submitted applications to date. The government is actively encouraging more eligible individuals to apply, highlighting the available facilities and mechanisms designed to assist them.

Our focus now is to ensure that those who are eligible truly know that they can apply and take advantage of this assistance.

— Datuk Seri Amir Hamzah AzizanMinister of Finance II, encouraging eligible vehicle owners in Sabah to apply.

To support those less familiar with technology or facing difficulties with online applications, the Ministry of Finance is collaborating with the Inland Revenue Board (LHDN), Urban Transformation Centers (UTC), and oil companies. Assistance will be available at LHDN branches and UTCs, as well as at petrol stations. "We hope all 120,000 eligible vehicle owners in Sabah can apply so they can enjoy the assistance and quota provided," Amir Hamzah added.

We hope all 120,000 eligible vehicle owners in Sabah can apply so they can enjoy the assistance and quota provided.

— Datuk Seri Amir Hamzah AzizanMinister of Finance II, expressing hope for wider participation in the subsidy program.
DistantNews Editorial

Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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