Over 50 proposals submitted on petrol subsidy system


Dateline 2018-12-21, Malaysian Reserve:

The government has received more than 50 proposals to develop a nation-wide petrol subsidy distribution checking and monitoring system, a project which will allow only eligible Malaysians to buy fuel at discounted price at petrol stations.

The fuel subsidy programme for targeted recipients, which was announced during the tabling of the 2019 budget, is expected to be rolled out by the second quarter of next year.

But the system to be selected for the scheme must be secure and abuse-proof as the subsidy will involve millions of Malaysians who use over 1.2 billion litres of fuel monthly.

A source close to the development said the Ministry of Finance (MoF) has received over 50 proposals to develop the fuel subsidy distribution system before the tender deadline, which ended on Dec 10.

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