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Diesel Vehicle Owners in Malaysia to Receive Monthly Cash Assistance under New Subsidy Scheme

The cash assistance from the Budi Madani scheme is expected to cover the increase in diesel prices for vehicles traveling up to 60 kilometres daily.

The Subsidy Is a Means to Avoid Increased Prices of Goods and Services, Said Finance Minister II

The new targeted subsidy initiative from the Malaysian government, Budi Madani, will benefit 700,000 diesel vehicle owners, according to a recent report by Bernama News Agency.

The Malaysian government anticipates savings of RM4 billion (£666.7 million) from the implementation of Budi Madani, which will provide greater fiscal flexibility to enhance...

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