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With the RON95 petrol subsidy rationalization seemingly forthcoming, the Ministry of Finance has said eligibility will be determined using PADU’s socio-economic database, along with income and asset data. Officials claim the move could save up to 8 billion ringgit a year, while costing about 20 billion ringgit annually. P Gunasegaram, independent business writer gives us his thoughts on its implementation.
Image Credit: Shutterstock.com
See omnystudio.com/listener for privacy information.
By BFM Media5
11 ratings
With the RON95 petrol subsidy rationalization seemingly forthcoming, the Ministry of Finance has said eligibility will be determined using PADU’s socio-economic database, along with income and asset data. Officials claim the move could save up to 8 billion ringgit a year, while costing about 20 billion ringgit annually. P Gunasegaram, independent business writer gives us his thoughts on its implementation.
Image Credit: Shutterstock.com
See omnystudio.com/listener for privacy information.

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