The Budi Madani RON95 (Budi95) fuel subsidy does not primarily benefit lower-income households, as initially indicated by the government, but instead rewards those who consume less petrol. Economist Dr Geoffrey Williams explains how this scheme fits into the Madani government’s broader fiscal reform agenda.

Image Credit: Shutterstock.com

Produced by: Jake Lim

Presented by: Elaine Boey, Shazana Mokhtar, Wong Shou Ning

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Categories:  economy,  technology,  government

Tags:  income cap,  rationalisation,  Budi95,  ron 95,  mykad,