Guan Eng: Fuel subsidy for luxury car owners? Don't count on it! | TheStarTV.com

Guan Eng: Fuel subsidy for luxury car owners? Don't count on it!

Published on 3 Nov 2018 7:21:30 PM

Finance Minister Lim Guan Eng said that the Govenment is still fine-tuning the mechanism for the fuel subsidy, but luxury cars with 1,500cc engines and above will not enjoy the RON95 petrol subsidy of 30 sen per litre.

In a post-budget press conference on Saturday, Lim said the new mechanism is expected to be implemented in the second quarter of next year.

Read more at https://www.thestar.com.my/news/nation/2018/11/03/fuel-subsidy-govt-to-study-mechanism-to-ensure-its-not-abused/

Keywords
1500 cc, b40, belanjawan 2019, budget, budget 2019, fuel subsidy, lim guan eng, luxury car, malaysia, parliament, petrol, ron95, subsidy

Finance Minister Lim Guan Eng said that the Govenment is still fine-tuning the mechanism for the fuel subsidy, but luxury cars with 1,500cc engines and above will not enjoy the RON95 petrol subsidy of 30 sen per litre.

In a post-budget press conference on Saturday, Lim said the new mechanism is expected to be implemented in the second quarter of next year.

Read more at https://www.thestar.com.my/news/nation/2018/11/03/fuel-subsidy-govt-to-study-mechanism-to-ensure-its-not-abused/

Keywords:
1500 cc, b40, belanjawan 2019, budget, budget 2019, fuel subsidy, lim guan eng, luxury car, malaysia, parliament, petrol, ron95, subsidy

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