Malaysia's PM Assures No RON95 Petrol Price Hike Amidst Subsidy Debate

Malaysia's Fuel Subsidy Debate: PM Anwar Ibrahim Assures No RON95 Price Hike Malaysia's Prime Minister, Datuk Seri Anwar Ibrahim, recently addressed the nation's concerns regarding fuel subsidies and potential price increases. In a speech, he provided a clear statement: "The government will not raise the price of RON95 petrol." This assurance comes amidst rising global fuel prices and ongoing debate about the financial sustainability of the current subsidy system. Anwar Ibrahim's statement directly addresses public anxiety. The government's commitment to maintaining affordable fuel prices for citizens is a key policy point. However, the PM also acknowledged the substantial cost of fuel subsidies, particularly for the large number of foreign nationals in Malaysia. He stated, "We have millions of foreign nationals who also benefit from these subsidies. We need to consider a more targeted approach." The video shows Anwar Ibrahim's speech, emphasizing his commitment to not raising prices for the general population. While acknowledging the need for fiscal responsibility, he assures citizens that affordable RON95 petrol will remain available. The government's next steps in refining the subsidy system will be closely watched.