KUALA LUMPUR, March 26 — Malaysia will reduce the monthly BUDI95 allocation for individuals to 200L from April 1 to cushion the impact of rising oil prices caused by the US-Iran war, Prime Minister Datuk Seri Anwar Ibrahim said today.
In a special announcement this evening, he said the move will not affect close to 90 per cent of Malaysians benefitting from the subsidised RON95 petrol, which will remain at RM1.99 per litre.
He also added that the 800L allocation for qualified e-hailing drivers would be maintained.
“We found that the average usage of BUDI95 is about 100 litres, meaning the majority of people use only around 100 litres per month, and nearly 90 per cent of the population consumes less than 200 litres per month, and therefore will not be affected,” he said.
The prime minister also said Sabah and Sarawak will continue to receive subsidised diesel at RM2.15 per litre despite the rise in global diesel prices, citing the two states’ geographical and logistical challenges.
However, Anwar said the government will tighten controls and enforcement to curb leakages as the widening price gap increases the risk of hoarding and smuggling.
As an interim measure, Putrajaya will introduce limits on diesel purchases to ensure sufficient and fair distribution of supply.
Light vehicles used for public transport, goods transport and private purposes will be capped at a maximum of 50 litres per purchase.
Public transport and goods vehicles not exceeding three tonnes will be limited to 100 litres per purchase, while vehicles above three tonnes will be capped at 150 litres per purchase.
Anwar acknowledged that the move may cause some inconvenience but said it was necessary to safeguard supply and protect the broader public interest.
He also called for public understanding and cooperation to ensure efforts to curb leakages can be carried out effectively.
