Finance Ministry: BUDI95’s ‘accurate targeting’ saves up to RM4b yearly without hurting protection
摘要
马来西亚财政部表示，通过BUDI MADANI计划将RON95汽油补贴从普惠制转向针对性补贴，预计每年可减少补贴漏洞并节省约25亿至40亿令吉的财政支出。该部门强调，节省并非源于降低对民众的保护，而是由于更精准地向符合条件群体发放补贴。RON95零售价格仍根据自动定价机制确定，BUDI95的实施并未改变该机制，而是优化了补贴分配方式，使政府能更有效控制补贴支
KUALA LUMPUR, Jan 29 — The shift from bulk RON95 petrol subsidies to targeted subsidies through BUDI MADANI (BUDI95) is expected to reduce subsidy leakage and generate fiscal savings of around RM2.5 billion to RM4 billion per year, the Finance Ministry said.
It said this was subject to movements in world crude oil prices and currency exchange rates.
“These savings are not the result of reduced protection for the people, but rather the result of more accurate targeting of subsidies to eligible groups,” it explained in a reply posted on the parliament website to a question from Datuk Seri Ismail Sabri Yaakob (BN-Bera) regarding the amount of subsidy for RON95 petrol after the rationalisation was implemented at the end of September and how much savings there will be from the rationalisation of the petrol.
The ministry added that in terms of determining the price of RON95 petrol, the retail price of RON95 is still determined based on the automatic pricing mechanism (APM), which takes into account world crude oil prices, refining costs, distribution costs and currency exchange rates.
In the context of subsidy rationalisation, the implementation of BUDI95 does not change the APM mechanism, but rather improves the method of distributing subsidies resulting from the mechanism.
This approach allows the government to control the growth of subsidy expenditure more effectively, especially in a situation where world crude oil prices are rising again, it said. — Bernama
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