Savings of up to RM17bil if T20 not given petrol subsidy, says Ahmad Maslan | TheStarTV.com

Savings of up to RM17bil if T20 not given petrol subsidy, says Ahmad Maslan

Published on 28 Feb 2023 2:56:33 PM

Up to RM17bil can be saved from government coffers if it decides to implement a targeted subsidy mechanism for petrol, said Deputy Finance Minister Datuk Seri Ahmad Maslan in the Dewan Rakyat on Tuesday (Feb 28).

He said this was because Putrajaya spent RM50.8bil in subsidies for petrol, diesel and liquified petroleum gas last year and it was estimated that the T20 group constituted about 35% or RM17.8bil of the amount.

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Keywords
news, ahmad maslan, malaysia, government spending, petrol subsidy, t20, m40, low income group, budget 2023, parliament, parlimen, kuala lumpur

Up to RM17bil can be saved from government coffers if it decides to implement a targeted subsidy mechanism for petrol, said Deputy Finance Minister Datuk Seri Ahmad Maslan in the Dewan Rakyat on Tuesday (Feb 28).

He said this was because Putrajaya spent RM50.8bil in subsidies for petrol, diesel and liquified petroleum gas last year and it was estimated that the T20 group constituted about 35% or RM17.8bil of the amount.

Read more at https://bit.ly/3Z4Va6R

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, ahmad maslan, malaysia, government spending, petrol subsidy, t20, m40, low income group, budget 2023, parliament, parlimen, kuala lumpur

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