RM200 monthly Budi Madani assistance enough for most Malaysians, says Finance Ministry

  • 📰 staronline
  • ⏱ Reading Time:
  • 51 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 75%

Diesel News

Budi Madani,Cash Aid,Finance Ministry

Instead of cigarettes, some teenagers are now turning to these small and discreet packages for their high.

PUTRAJAYA: The monthly RM200 Budi Madani cash assistance should be sufficient to off-set the increase in the price of diesel for most Malaysians, says Datuk Seri Amir Hamzah Azizan.

"The RM200 is sufficient to cover 80% of diesel vehicle owners based on consumption patterns from Statistics Department data," said the Finance Minister II at a press conference here on Sunday .He also said that those who feel the amount is insufficient can appeal to the ministry. He said the Budi Madani cash assistance will be implemented this Monday and involve some 30,000 diesel vehicle owners under the first batch of recipients.Amir Hamzah also said that there was no closing date for applications under the Budi Madani initiative.Wee: Budi Madani diesel subsidy scheme too stringent

Besides the Budi Madani cash assistance, he said that subsidised diesel would still be provided via fleet cards at RM2.15 per litre to eligible logistics vehicles to mitigate any effects on the prices of consumer goods. He added that subsidised diesel would still be provided for land public transport, including school buses, express buses, ambulances, hearses and fire engines at RM1.88 per litre.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Finance Ministry: Over 30,000 applicants will receive first Budi Madani cash assistance on June 10KUALA LUMPUR, June 6 ― More than 30,000 applicants, farmers and small-scale commodity growers have been approved to receive cash subsidy assistance under the Budi Madani...
Source: malaymail - 🏆 1. / 86 Read more »

Over 30,000 applicants will receive first Budi Madani cash assistance on June 10, says Finance MinistryHONG KONG: (AFP) - Asian markets extended a surge on Wall Street Thursday (June 6) as another round of soft US jobs data ramped up bets on the Federal Reserve cutting interest rates this year.
Source: staronline - 🏆 4. / 75 Read more »