KPDN Refutes Social Media Rumours of Cutting Diesel Subsidies

Published by on . Updated on 15 Dec 2023

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The Malaysian Ministry of Domestic Trade and Consumer Affairs (KPDN) has rebutted rumors circulating on social media regarding the cessation of diesel subsidies for vehicles starting January 1, 2024.

In a statement released on December 12, as reported by Bernama, the ministry clarified that these claims were unfounded. They highlighted that the current pilot project aims to assess the effectiveness of the fleet card and MySubsidi Diesel systems, involving six companies with skid tank quotas concluding on January 14. Importantly, this initiative does not affect individual diesel vehicle owners.

Emphasizing the necessity of evaluating these systems for efficiency and their alignment with the intended objectives of restructuring diesel subsidies, the ministry urged against the dissemination of unclear or misleading information. They assured that an official announcement about the restructuring of diesel subsidies would be jointly issued by the ministry and the Finance Ministry after the completion of engagement sessions and a trial run of the fleet card and MySubsidi Diesel systems.

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