The economy minister cites potential exclusions for low-income households and the risk of price hikes.
Read More: https://www.freemalaysiatoday.com/category/nation/2024/11/12/rafizi-rules-out-vehicle-ownership-cash-transfers-for-ron95-subsidy/
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Read More: https://www.freemalaysiatoday.com/category/nation/2024/11/12/rafizi-rules-out-vehicle-ownership-cash-transfers-for-ron95-subsidy/
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NewsTranscript
00:00Economy Minister Rafizieh Ramli explained why RON95 subsidies cannot be distributed
00:06based on vehicle ownership or through direct cash transfers.
00:10Rafizieh said data from the Road Transport Department, analysed by PADU,
00:14showed that about 40% of B60 households do not have registered vehicles.
00:30Rafizieh cited similar challenges when targeting diesel subsidies,
00:51where individuals sometimes register vehicles under the names of others,
00:55leading to data mismatches.
00:57As such, he said using vehicle registration data alone
01:01could lead to significant exclusions among intended subsidy recipients.
01:05Rafizieh also said the government had considered the cash transfer method
01:09an approach used in most countries that do not give subsidies to their citizens.
01:14Natasha Biest, FMT News