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The Malaysian government reaffirms its commitment to partially removing RON95 petrol subsidies in the second half of 2025, targeting the wealthiest 15% of the population. This plan aims to save the government RM8 billion annually while ensuring the majority of Malaysians continue to benefit from subsidized prices. The government is currently refining the implementation plan, considering economic challenges and engaging with stakeholders. The recent drop in global oil prices has made the implementation more feasible, following a similar successful reduction in diesel subsidies last year.
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