HEADLINES

Anwar acknowledges diesel price strain, says majority still shielded by subsidies

PM says 85% of users remain protected as Putrajaya works on targeted relief amid global pressures

1:35 PM MYT

 

KUALA LUMPUR – Prime Minister Datuk Seri Anwar Ibrahim has acknowledged the financial strain faced by some Malaysians following recent diesel price adjustments, while stressing that the majority of consumers continue to benefit from government subsidies.

Speaking after officiating the new Sultan Ismail Petra Airport terminal in Pengkalan Chepa, Anwar said about 85% of diesel users are still paying subsidised rates, with only a smaller segment exposed to market pricing.

“I do not deny that there are those affected,” he said, noting that sectors such as transportation have felt the impact of the adjustments, which come amid ongoing tensions in the Middle East affecting global fuel markets.

He added that the government has introduced targeted exemptions to cushion the burden on key sectors and vulnerable groups.

Responding to concerns raised over specific groups, including fishermen, Anwar cautioned against amplifying isolated cases, emphasising that subsidised fuel access for such groups remains in place.

“We have provided many exemptions, but we should not sensationalise isolated cases,” he said.

Anwar stressed that broader global economic pressures have constrained fiscal space, but assured that the government is actively exploring solutions through continuous engagement and policy adjustments.

Also present at the event were Transport Minister Loke Siew Fook and Kelantan Menteri Besar Mohd Nassuruddin Daud. – April 18, 2026

Topics

 

Popular

What will we call for next? A ban on cheap cigarettes, tuak and kapcais? – Rocky Bru

While concerns over drug-laced vapes grow, a blanket ban could backfire by wiping out businesses, threatening jobs, pushing trade underground amid weak enforcement and open tank loopholes

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

Duck and cover? FashionValet bought Vivy’s 30 Maple for RM95 mil in 2018

Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil

Related