No plans to slash 300-litre Budi95 quota, says Treasury
The government has denied claims it is moving to slash the Budi95 fuel subsidy quota from 300 to 200 litres per month, dismissing viral social media messages spreading the rumour as “untrue”.
Treasury secretary-general Johan Mahmood Merican said Putrajaya was not looking to alter Budi95’s parameters, adding it was “too early” to revise either the monthly quota or the subsidised price.
Recently, online messages appeared to quote Johan as saying that the government was looking to review the newly-introduced targeted fuel subsidy quota.
“The government has never said, nor have I said, that we will be reducing the quota or eligibility limit from 300 litres to 200 litres,” he told FMT in an exclusive interview.
Johan explained that the 300-litre quota set was…
