How time does fly – Budi Madani RON 95 (Budi95) has completed its first month and the finance ministry has some interesting stats to share in a November 1 press release.
From the September 30 start up to October 31, 13.1 million out of 16.55 million eligible Malaysians (79%) have bought 1.33 billion litres of RON 95 petrol at the subsidised RM1.99 a litre (RM2.66 billion total), including over 23,000 registered fishermen and boat users without active driving licences, especially in Sabah and Sarawak. The Malaysian government has spent RM800 million in subsidies for this.
“Budi95 ensures that the people receive subsidies directly without a complicated process, as well as enabling the government to re-channel savings to the development and welfare of the people. Clearly, this programme provides multiple benefits to the people and the country,” said second finance minister Datuk Seri Amir Hamzah Azizan.
Since October 13, the government has doubled the monthly RON 95 quota for full-time e-hailing drivers to 600 litres, benefitting nearly 58,000 of them. On average, Budi95 recipients under the private category recorded a monthly consumption of 98.2 liters in October – three times lower than the 300-litre ceiling – and as of October 26, less than 0.7% of all Budi95 recipients had used up their monthly quota (0.6% of private users and 0.3% of registered boat users without a driving licence).
According to the finance ministry, the government will continue making improvements, including reviewing the additional e-hailing quota to be more equitable and comprehensive. Some unusual usage patterns have been noticed, including recipients exhausting their monthly quota in a short time and repeatedly buying petrol at stations near national borders.
“The government will not compromise on any fraudulent activities or resale of subsidised petrol to unqualified parties. Strict action under the Supply Control Act 1961 will be taken against those involved,” the press release said, adding that the finance ministry and the domestic trade and cost of living ministry (KPDN) will ramp up monitoring at petrol stations as well as among consumers to prevent Budi95 misuse.
Looking to sell your car? Sell it with Carro.
I can see the point now from Budi95, government is checking for leakages of subsidised fuel, and now we knew the actual usage for normal people are just fine, and can continue to be subsidised, while dealing with those moles!
very good, and this is thanks to which gomen and which PM
I hit the limit when it started last month. I am the sole fuel-filling person for the 4 cars in my household. Guess I’m a suspect now?
why do you need until 4 cars in the first place? are all the other fam members got no IC? sus much.
its not enough having IC , family member will not qualified for budi95 if the car not registered under their own name
Who told you that you need a car registered under your name to be eligible for Budi95?
It sounds like spreading fake news…
Guess this new generation no longer capable of riding motorcycle
maybe suresh is millionarie tycoon, why ask his family to ride motorbike like b40 and risk life.
this scenario seems like buying cars under own name then renting out the cars to other drivers.
you choose to be sole fuel filling, does not mean your family members > 18yrs old aren’t entitled for budi95, so quit crying and start to get other family members to fuel up the car instead.
family members didnt register the cars under their own name. cars all owned by patriach alone. so obviously only patriach entitled to budi95.
suresh could have registered at least one of the family cars under family member name. then they are etntitled to budi95
Actually no need, as long as his family members got a valid driving license, which I reckon they should have if they are going to drive the 4 cars.
So it sounds like the options are there but he prefers not to use it.
The issue with ehailing driver, they should be subsidised at rm2.05 of previous level. The ehailing paent company like Grab, Panda etc.. should bear fully the cost of fuel without subsidy. it is obvious that they are making profit out of our subsidy. They are mega company unlike our neighbourhood shopkeepers or hawkers. so by right the rate of compensation for ehailing driver should cover this fuel price increase. not giving 600 litre of subsidised fuel.
it depends. if grab and other riders company did reduce their prices to customer, then it can be justified as fair usage of subsidy.
800m per month, 10b per year should be ok. So those at the kelantan boarder who finish 300l in a day can be list at all major media as a top spender gor the month.
dont forget those also at nusantara border and sulu border
PN is not going to like these stats.
Used less budi ron95 proven there cars are fuel efficient frugal
Playing with #s…let’s say one person using full quota, whereas 19 person take LRT. When you do stats like this…it’s bound to be lopsided. It will show up as on average of that 20 person, each person is using only 15 litres?! Remember it’s stats, play around with it yea. If all the person in the stats are driving vehicles, sure jam kaw jor.
Why so complicated. They have data of usage of each driver who use the BUDI95. No need average down to non user.
obviously if you look at the jam-packed city roads and then look at the LRT which is empty most the time, you can easily conclude that the ratio is not 1:19.