Min­istry to run pi­lot test first be­fore im­ple­ment­ing petrol sub­sidy

The Borneo Post (Sabah) - - HOME -

GEORGE TOWN: The Do­mes­tic Trade and Con­sumer Af­fairs Min­istry (KPDNHEP) is ex­pected to carry out a pi­lot test first be­fore of­fi­cial im­ple­men­ta­tion of the tar­geted petrol sub­sidy in the sec­ond quar­ter of next year.

Its min­is­ter, Datuk Seri Sai­fud­din Na­su­tion Is­mail, said the test was cru­cial to en­sure the new mech­a­nism for the im­ple­men­ta­tion of sub­sidised petrol to run smoothly at all petrol sta­tions.

“We have al­ready pre­pared a re­quest for pro­posal (RFP) for ser­vice providers to for­mu­late a new sys­tem, af­ter which we will con­duct a pi­lot test, most likely in the first quar­ter of next year,” he told re­porters af­ter at­tend­ing the Seko­lah Ke­bangsaan Sun­gai Ni­bong Stu­dent Ex­cel­lence Award cer­e­mony yes­ter­day.

Sai­fud­din Na­su­tion said the min­istry was cur­rently in the midst of dis­cussing and re­view­ing sev­eral as­pects of the pi­lot test to avoid any tech­ni­cal glitches dur­ing its im­ple­men­ta­tion at all petrol sta­tions.

“Re­cently, Fi­nance Min­is­ter Lim Guan Eng and I dis­cussed sev­eral mat­ters re­gard­ing sub­sidised petrol and we agreed that the mech­a­nism used for the im­ple­men­ta­tion must be smooth and with­out glitches,” he said.

He said the gov­ern­ment also keen to im­ple­ment the tar­geted petrol sub­sidy as planned in the sec­ond quar­ter of next year.

At the tabling of the 2019 Bud­get Lim an­nounced the in­tro­duc­tion of a tar­geted petrol sub­sidy for own­ers of cars with a ca­pac­ity of 1,500cc and be­low and mo­tor­cy­cles of 125cc and be­low.

Through this mech­a­nism, the gov­ern­ment will pro­vide a petrol sub­sidy of 30 sen a litre for RON95 petrol. How­ever, the sub­sidy is lim­ited to 100 litres a month for cars and for mo­tor­cy­cles, 40 litres a month. - Ber­nama

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