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Prime Minister Anwar Ibrahim has defended Malaysia's fuel pricing strategy, noting that the subsidised RON95 petrol price of RM1.99 per litre under the BUDI MADANI initiative remains lower than comparable prices in Saudi Arabia, Qatar, and the UAE.
Malaysia's BUDI MADANI Diesel programme has processed over 18,000 quota applications within its first two days, with Second Finance Minister Amir Hamzah confirming smooth operations and 40,000-plus transactions recorded.
Malaysia's Finance Ministry is prepared to review the BUDI MADANI Diesel subsidy programme based on real-world usage patterns, Finance Minister II Datuk Seri Amir Hamzah Azizan indicated at a media briefing in Kuching.