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Wednesday, December 13, 2023

Claims that diesel subsidies will be eliminated from Jan is false

The Domestic Trade and Cost of Living Ministry today denied claims made on social media that diesel subsidies for diesel vehicles will be eliminated from Jan 1.

The ministry issued the denial in a statement today, stressing that the claims were false and the ministry was carrying out a pioneer project to evaluate the effectiveness of the fleet card and MySubsidi Diesel systems involving six companies with skid tank quotas ending Jan 14.

It stressed that the pioneer project does not involve individual diesel vehicles.

“The testing process needs to be implemented to look at the system’s efficiency so that it meets the specifications and objectives of the diesel subsidy restructuring as planned.

“The ministry hopes no parties will spread unclear or confusing statements,” the ministry said.

It added that an official statement on the restructuring of diesel subsidies will be made by the ministry and the Finance Ministry after engagement sessions and a trial run of the fleet card and MySubsidi Diesel systems are completed.

Bernama

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