Page 84 - Official Year Book 2019
P. 84
The fuel Targeted Subsidy Programme (PSP) – RM2.2 billion The fuel subsidy will kick-in whenever the RON95 market
for PSP scheme price determined by the Automatic Pricing Mechanism
(APM) is above RM2.08 per litre but no fuel subsidy will be
Individuals who own not more than two cars and two given when the market-determined APM price falls below
motorcycles are eligible to receive PSP for one vehicle. RM2.08 per litre.
This subsidy will be in the form of cash transfer, deposited into Motorists in Sabah and Sarawak will continue to enjoy a fuel
the recipient’s bank account every four months. price ceiling of RM2.08 per litre for RON95 and RM2.18 per
litre for diesel.
The first payment will be made in April 2020 for the period
January to April 2020.
For eligible recipients of the BSH, fuel subsidy fuel subsidy
the petrol subsidy receivable will 40 liters per month 100 liters per month
be RM30 per month for car owners
For all other motorists who are not BSH recipients,
and RM12 per month for they will receive a special Kad95 which allows them to
motorcycle owners. enjoy the fuel subsidy at a discount of 30 sen per litre
limited to 100 litres per month for cars or 40 litres per
month for motorcycles.
72 MALAYSIA BAHARU 2019: Official Year Book
for PSP scheme price determined by the Automatic Pricing Mechanism
(APM) is above RM2.08 per litre but no fuel subsidy will be
Individuals who own not more than two cars and two given when the market-determined APM price falls below
motorcycles are eligible to receive PSP for one vehicle. RM2.08 per litre.
This subsidy will be in the form of cash transfer, deposited into Motorists in Sabah and Sarawak will continue to enjoy a fuel
the recipient’s bank account every four months. price ceiling of RM2.08 per litre for RON95 and RM2.18 per
litre for diesel.
The first payment will be made in April 2020 for the period
January to April 2020.
For eligible recipients of the BSH, fuel subsidy fuel subsidy
the petrol subsidy receivable will 40 liters per month 100 liters per month
be RM30 per month for car owners
For all other motorists who are not BSH recipients,
and RM12 per month for they will receive a special Kad95 which allows them to
motorcycle owners. enjoy the fuel subsidy at a discount of 30 sen per litre
limited to 100 litres per month for cars or 40 litres per
month for motorcycles.
72 MALAYSIA BAHARU 2019: Official Year Book
