Three mechanisms are likely to be used in 2024 to target subsidies for petrol and diesel.

According to Rafizi Ramli, three mechanisms are likely to be used to implement targeted subsidies for petrol and diesel in 2024.

Individual net disposable income will serve as the basis for the first mechanism, the Economy Minister informed the Dewan Rakyat.
Through social protection or assistance programmes, net disposable household income will serve as the basis for the second mechanism.

Utilising a subsidies card, the third will be a combination of individual and household earnings.

According to Rafizi, the targeted subsidies programme will go into effect following the January 2019 launch of the Central Database Hub (Padu) system.
“Besides the form and mechanism of targeted subsidies, the Cabinet will decide on implementation and follow-up plans,” he stated.
Plans for support, interaction, and communication are among them.

In response to a query about stakeholder engagement on targeted subsidies in 2024 and the kind of targeted subsidies to be implemented, Khoo Poay Tiong (PH-Kota Melaka) made this statement. Prime Minister Datuk Seri Anwar Ibrahim announced on November 3 that only the peninsula will see the phased retargeting of diesel subsidies. Sabah and Sarawak, which use a lot of diesel, will not be involved, according to Anwar, the Finance Minister.