Minister says updating data on petrol subsidy for eligible Malaysians

September 16, 2019

Dateline 2019-08-09, Malay Mail:

The Ministry of Domestic Trade and Consumer Affairs is updating data on recipients of the petrol subsidy programme from the lower-income group (B40) to ensure that only those who are eligible receive such assistance.

The Minister, Datuk Seri Saifuddin Nasution Ismail, said a good data is when no recipients who are eligible are left out.

“We need to be clear who the target recipients are and the criteria required to qualify for the aid. All these must be developed and the target recipients must be identified,” he told reporters at a credential-presentation ceremony for Sabah and Labuan Parliamentary Consumerism Coordinators here, yesterday.

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Minister: Govt needs time to finalise targeted petrol subsidy

September 1, 2019

Dateline 2019-07-13, Malay Mail:

The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) has urged the public to give the government time to finalise the implementation mechanism of the targeted petrol subsidy for the lower income group or B40.

Its minister Datuk Seri Saifuddin Nasution Ismail said although the implementation date did not meet the set target of the second quarter of this year as announced in the 2019 Budget, he was optimistic that it could be implemented this year.


Ministry to hold meeting on targeted petrol subsidy

August 29, 2019

Dateline 2019-07-13, The Sun Daily:

The Ministry of Domestic Trade and Consumer Affairs will hold meetings with stakeholders and media agencies to convey information on the implementation of targeted petrol subsidy before it is introduced later this year.

Minister Datuk Seri Saifuddin Nasution Ismail (pix) said among the stakeholders were consumer associations, petrol station operators, oil companies and other agencies including Bank Negara Malaysia, Department of Statistics and Customs Department.

“The stakeholder engagement has been made and the session will be continued from time to time. We are very committed to delivering information to them.


Govt confident of rolling out targeted petrol subsidy this year, says minister

August 14, 2019

Dateline 2019-06-28, Malay Mail:

The government is optimistic that the targeted petrol subsidy for the low-income or B40 group can be implemented this year.

Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail said his ministry and the Finance Ministry have prepared a joint memo on the review of the implementation of the system to be tabled at the Cabinet meeting in the near future.

“We feel that we have found a reasonable implementation method. Even if it is not perfect, the process of finding perfection in terms of implementation will be achieved as we go along,” he told reporters after attending his ministry’s Penang branch Aidilfitri Open House House here today.


Fuel subsidy mechanism in final stages

July 3, 2019

Dateline 2019-05-23, NST:

The Domestic Trade and Consumer Affairs Ministry has almost completed its final preparations to introduce the fuel subsidy mechanism for the low-income, or B40, group.

Its minister Datuk Seri Saifuddin Nasution Ismail said the ministry was looking for an appropriate window for its implementation before presenting it to the Cabinet.

“All our preparations and research on the mechanism are almost done. We are now looking at the right time for the programme implementation before bringing it to the Cabinet to share the mechanics and the process,” he said.