Diesel subsidy programme to offer RM200 per month to diesel owners – pump prices up to RM3.33/litre soon

the Madani subsidy assistance programme, or Budi Madani for private owners of diesel vehicles and agriculture smallholders in Peninsular Malaysia.

While it’s not explicitly written, the fact that payouts will start as early as June 2024 clearly means that the in-station pump prices for diesel fuel in Peninsular Malaysia will be floated to market prices very soon. As of today, unsubsidised diesel Euro 5 is priced at RM3.33 per litre, compared to the controlled price of RM2.15. That’s an increase of RM1.18 per litre, or 55%!

So,u poor diesel vehicle owners…get ready for an unpleasant experience…by Christmas…oh dear..even Santa is stuck somewhere in Ukraine helping war victims.

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