Seems like petrol would be way more costly for some of us next year!
Those who earn more than RM10,000 monthly will not be eligible for any fuel subsidy under the subsidy rationalisation scheme, which is slated to be implemented next year.
The programme would be divided into three tiers, according to the Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah.
“Those earning below RM5,000 per month will receive full subsidy while those earning between RM5,000 and RM10,000 will get a partial subsidy,” he mentioned.
Having said that, the full mechanism is still being studied by the Domestic Trade, Cooperatives and Consumerism Ministry.
[Source]
