Search results for Fuel Subsidies

Finance Ministry: Fuel subsidies maintained but BUDI95 quota reduced to 200 litres, as unsubsidised diesel breaches RM6...

PUTRAJAYA, April 1 – Amidst a prolonged global energy crisis that has driven crude oil prices up by more than 40 p...

Subsidies cushioning the impact of fuel price hikes, but cost-related pressures will catch up – INSAP

While the Budi Madani RON 95 (Budi95) petrol subsidy is helping cushion consumers from the effects of rising fuel costs at the pump, it doesn’t address broader inflationary pressur...

ADB urges countries to limit fuel subsidies to vulnerable groups

Japan has capped gasoline prices at around ¥170 per liter through subsidies after they surged to about ¥190 after the start of the Iran war.

Brasil subsidia combustibles para frenar alza de precios

NCR fuel stations where PUV drivers may get P10/L fuel subsidy bared

MANILA, Philippines — The Marcos administration rolled out on Tuesday its P10 per liter diesel subsidy for public utility jeepneys and UV Express vans in Metro Manila, with 52 gas...

Nigeria’s Fuel Subsidy Removal: Promised Relief, Rising Debt, and Unanswered Questions

The removal of fuel subsidy in Nigeria in 2023 was introduced as one of the most significant economic reforms in recent history. The Federal Government justified the policy as a ne...

Explainer: Changes to fuel tax and subsidies

The government has announced a range of fuel-related measures to help farmers and workers in related areas. Agriland has reviewed the guide to the new reductions and support scheme...

Fuel subsidies keep lid on transport costs, but Tengku Zafrul warns supply crunch will test households

KUALA LUMPUR, May 1 — The impact of the global supply crisis on the cost of living is expected to begin to be felt...

Fuel subsidies in Malaysia now RM6-7 billion a month, no sudden policy changes but will be data-driven: DPM

Malaysian deputy prime minister Datuk Seri Fadillah Yusof has told Bernama that the government is now spending RM6-7 billion a month to subsidise fuel – up from RM4 billion just la...

Rechannel RON95 subsidies to diesel, proposes MIER

The Malaysian Institute of Economic Research (MIER) has proposed in a statement yesterday that RON 95 petrol subsidies be gradually reduced and the savings redirected to diesel sub...

Cyprus fuel subsidy fell short at the pump

Some of the fuel subsidy the Cypriot government introduced to ease the burden of rising prices got siphoned away from consumers.

Government Announces Subsidy for Boat Owners After Fuel Price Increase

PAKISTAN: The rise in petrol and diesel prices has led to a 20% decline in the fishing sector. So, the government announces the subsidy for the boat owners after the fuel price inc...

Redirect fuel subsidies from T20 to B40 and M40, Umno Youth chief tells govt

KUALA LUMPUR, May 9 — The government is urged to implement targeted subsidies more comprehensively, including revi...

Govt raises paddy aid, diesel cash support as fuel crisis bites; payouts April 21

KUALA LUMPUR, April 14 — The Finance Ministry today announced a package of enhanced subsidies and cash assistance...

Fuel Price Hike: How to Get Subsidy On Petrol For Bike? A Step-by-Step Guide

The federal government has launched a targeted subsidy program to offset the historic petrol price hike. Motorcyclists, transporters, and small farmers can now access specific fina...

Diesel aid review underway to widen eligibility under BUDI95 as subsidy cost hits RM6b, says Finance Ministry official

SUNGAI PETANI, April 12 — The government is conducting a comprehensive study of proposals to expand the diesel sub...

DPM: Subsidy policies will be data-driven, no sudden shock changes expected

KUALA LUMPUR, April 21 — The government will not introduce abrupt or sudden changes to fuel subsidy policies despi...

CCM urges government to introduce fuel subsidy amid rising global prices

The ruling CCM has called on the government to introduce a fuel subsidy plan aimed at cushioning citizens from rising fuel costs driven by ongoing geopolitical tensions in the Midd...

Fuel subsidies for the rich unfair, those who can afford the full price should pay the market rate – Nik Nazmi

While the switch from a blanket petrol subsidy approach to a targeted one under the Budi Madani RON 95 (Budi95) scheme has reduced leakages and trimmed Malaysia’s expenditure on fu...

Tinubu Justifies Fuel Subsidy Removal, Says It Saved Nigeria from Bankruptcy

•          inaugurates TETFUND-Funded education projects, four MDGIRMF-supported CNG projects in major push for clean transport energy Deji Elumoye in Abuja President Bola Tinubu y...

Putrajaya weighs RON95 subsidy cuts, admits tough call on who should lose aid

 PUTRAJAYA, May 11 — The government has acknowledged the difficulty in determining which Malaysians should be...

Fuel duty cut costs Centre ₹14,000 crore, says Petroleum Ministry

Officials said India’s crude oil, LPG and natural gas imports remain significantly exposed to the region, though efforts are underway to maintain uninterrupted fuel supplies

Asian governments turn to subsidies to cushion energy crisis pain

Egypt Cuts Energy Subsidies to EGP 120 Billion in 2026/2027 Budget

Egypt has reduced energy subsidy allocations to around EGP 120 billion (USD 2.28 billion) in its draft 2026/2027 fiscal year budget, down from approximately EGP 150 billion (USD 2....