Saifuddin hopes fuel subsidy for B40, M40 to be implemented simultaneously - News Summed Up

Saifuddin hopes fuel subsidy for B40, M40 to be implemented simultaneously


GEORGE TOWN (Bernama): The Domestic Trade and Consumer Affairs Ministry hopes the targeted fuel subsidy programme (PSP) for recipients of the cost of living aid (BSH) or B40 will be implemented simultaneously with those from the middle income group (M40) category, beginning January next year. Its Minister Datuk Seri Saifuddin Nasution Ismail said his ministry would hold discussions with the Finance Ministry (MoF) to obtain the data of the eligible recipients and to refine the required mechanisms. "As for the B40, we already have the data of about 2.9 million eligible people which I announced on Monday (Oct 7) but for the M40... thus far, we still don't have any information on the recipients. Saifuddin, who is also Pantai Jerejak assemblyman, estimated that the number of recipients from the M40 group could reach of up to five million. - BernamaRelated stories:Fuel subsidy programme to begin in JanuarySubsidy for 1 car per person


Source: The Star October 13, 2019 12:45 UTC



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