Subsidies Under RON95, BUDI Diesel Hit RM4 Bln Monthly – MOF
PUTRAJAYA, March 26 (Bernama) — The government is bearing petrol and diesel subsidies estimated at up to RM4 billion a month under the implementation of the BUDI MADANI RON95 (BUDI95) and BUDI Diesel programmes, following the rise in global crude oil prices. The Ministry of Finance (MOF) said in a statement today that the prolonged conflict in West Asia has exerted pressure on global energy markets, with crude oil prices now exceeding US$100 per barrel, significantly increasing the country’s subsidy burden. Subsidies for RON95 and diesel for January 2026 amounted to about RM0.7 billion. “With the MADANI government’s decision to […]