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Fact Check: Can Malaysians Only Get Subsidised RON95 Once a Day? Can Foreigners Buy RON95 at Market Price?

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Source: Kementerian Kewangan | Facebook & abdulrazaklatif | 123RF

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Will Malaysians only get to fill RON95 once a day when the subsidised price at RM1.99 per litre commences on 30 September? The Ministry of Finance (MOF) has cleared up the confusion, once and for all.

The government has no plans to limit the purchase of RON95 to once a day under the implementation of Budi Madani RON95 (BUDI95).

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Malaysians will NOT be limited to one RON95 fuel purchase transaction per day

In its official statement last night (23 September), MOF responded to a few media articles with inaccurate reports on the matter, clarifying that BUDI95 is being implemented with the intention of ensuring that the daily needs of Malaysians can be met.

“The Government is examining measures to prevent abuse of the RON95 subsidy, and the one-day purchase limit is clearly not in line with the purpose of BUDI95’s implementation.”

All citizens aged 16 and above who have a valid driving license are eligible to enjoy RON95 at RM1.99/litre, with verification made using MyKad, the same mechanism for distributing assistance as the Basic Rahmah Contribution (SARA).

As for the military and police personnel, they will receive the benefit early, starting 27 September, followed by 9 million B40 members who are eligible to receive the Rahmah Cash Donation (STR) on 28 September.

The government also clarified that MyKad will not be the sole mechanism to claim the RON95 subsidy, should your identification card not work.

Furthermore, every eligible Malaysian is entitled to use 300 litres of RON95 per month. However, e-hailing services are exempt from this usage limit.

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For illustration purposes

 

Foreign vehicles are still prohibited from purchasing RON95

The government insists that vehicles with foreign registration numbers will remain prohibited from purchasing RON95 petrol even after the price is floated according to the current market price.

However, Finance Minister II Datuk Seri Amir Hamzah Azizan asserted that foreigners residing in Malaysia and using vehicles registered in the country are allowed to buy RON95 at the market price, which will be announced at the end of the month.

56696840 l

For illustration purposes

As for vehicles registered abroad, such as Thailand, Indonesia, or Singapore, they are only allowed to buy RON97, as per existing regulations, reported Harian Metro.

Non-citizens and unqualified individuals will be charged the unsubsidised market price, and the amount will be determined by the end of this month.

 

The Government has set up a portal to check the BUDI95 subsidy eligibility and balances

Should you need to check your profiles and your monthly eligible balances, the government has provided a new portal for that purpose.

The link would be www.budimadani.gov.my, and it will be open for public use at 9 AM on Thursday (25 September).

RON95 1

For illustration purposes

Stay tuned as we keep you updated.

 

Also read: “Grateful to be Malaysian” – Man Compares Fuel Prices Globally & Finds Malaysia to Have the Cheapest

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Source: 123RF

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