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Malaysia's BUDI Diesel Subsidy Can Now Be Transferred to Family Members
🇲🇾 Malaysia /Economy & Trade

Malaysia's BUDI Diesel Subsidy Can Now Be Transferred to Family Members

From Utusan Malaysia · () Malay

Translated from Malay, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Malaysia's BUDI Diesel subsidy program now allows eligible vehicle owners to transfer their fuel subsidy quota to family members.
  • Approximately 10,000 users have utilized the initial early access phase in Peninsular Malaysia without reported issues.
  • The enhanced system addresses feedback, particularly from rural areas in Sabah and Sarawak, to better accommodate diverse usage patterns.

Malaysia's BUDI Madani Diesel (BUDI Diesel) program has introduced a new mechanism enabling vehicle owners to transfer their subsidized diesel quota to family members who use the vehicle. This enhancement aims to provide greater flexibility and ensure subsidies reach intended beneficiaries.

This implementation also involves small businesses and private four-wheel-drive and pickup vehicles owned by companies.

— Datuk Seri Amir Hamzah AzizanMinister of Finance II detailing the scope of the BUDI Diesel program.

Datuk Seri Amir Hamzah Azizan, Malaysia's Second Finance Minister, reported that around 10,000 users in Peninsular Malaysia have already benefited from the early access phase of BUDI Diesel, which began recently without any reported problems. This initial four-day access period precedes the full implementation of the scheme, scheduled to commence this Wednesday. The program's scope includes small businesses and private four-wheel-drive and pickup vehicles owned by companies.

Amir Hamzah explained that the system's improvements were driven by public feedback, especially from rural communities in Sabah and Sarawak. He noted situations where children sometimes register or purchase diesel on behalf of their parents, even if they are not the primary users of the vehicle. The new system directly addresses this by allowing the registered vehicle owner to transfer the subsidized diesel quota to a family member who is the actual user.

We note the situation in rural Sabah and Sarawak where children sometimes register or buy diesel on behalf of their parents, even though they are not the actual users of the vehicle.

— Datuk Seri Amir Hamzah AzizanMinister of Finance II explaining the rationale behind the new transfer system.

Vehicle owners can update their information through the official BUDI Madani Diesel portal. Under the scheme, users can purchase subsidized diesel at RM2.15 per liter for a flexible quota of up to 200 liters. Starting Wednesday, this rate will be adjusted to RM2.10 per liter. The government aims to ensure the subsidy distribution is more equitable and responsive to the needs of diesel vehicle users across the country.

Therefore, this new system allows vehicle owners to transfer the subsidized diesel quota to family members who use the vehicle.

— Datuk Seri Amir Hamzah AzizanMinister of Finance II describing the functionality of the updated BUDI Diesel 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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