KUALA LUMPUR, Dec 21 — Malaysia’s Budi95 targeted fuel subsidy programme has generated savings of RM800 million since its rollout in late September, Prime Minister Datuk Seri Anwar Ibrahim revealed.
Anwar said the savings reflect improved subsidy governance, ensuring only Malaysians receive fuel assistance, while preventing wastage caused by foreign beneficiaries and illicit fuel smuggling.
He reiterated that the funds saved are immediately reinvested in social assistance and public development.
“These savings allow the government to enhance programmes like STR and Sara, while improving healthcare facilities, strengthening road networks and upgrading essential infrastructure,” he said.
Anwar emphasised that although targeted subsidies were debated for more than 20 years, the Madani administration was the first to act decisively.
Through Budi95, eligible Malaysians can purchase subsidised RON95 at RM1.99 per litre up to 300 litres monthly, ensuring support reaches citizens while safeguarding national finances.