PUTRAJAYA – Fuel subsidy rationalisation for RON 95 petrol might happen as soon as this month, an economist told Bloomberg. Cases of misappropriated subsidized RON95 petrol have increased since the implementation of targeted diesel subsidies, with 46 cases involving 14,011 liters in 20 days. This is higher compared to the 37 cases and 17,064 liters in the 20 days before the diesel subsidy rationalization.
Fuel Misappropriation
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Minister of Domestic Trade and Cost of Living, Datuk Armizan Mohd Ali, noted an increase in arrests from 10 to 17 people. Conversely, diesel misappropriation cases decreased significantly, with 65 cases involving 520,803 liters before the subsidy targeting, dropping to 14 cases and 68,457 liters afterward, an 87% reduction. Arrests also fell from 40 to one.
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