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Fuel subsidy right move to help B40 group

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KUALA LUMPUR: The giving of fuel  subsidy through the Petrol Subsidy Programme  (PSP) is the right move by the government to ensure that the aid benefits only the B40 group, said Prime Minister  Tun Dr Mahathir Mohamad.

He said this is to prevent  ineligible groups from enjoying the fuel subsidy from the government.

“Studies have shown that there are people owning six cars who benefit from the fuel subsidy and that is why we are giving for only one car from the B40 group.

“We cannot give subsidy to the rich, and we see that under the old subsidy those using

luxury cars like Rolls-Royce also get the subsidy.

“This is the right kind of aid targeted at  those who need it, not where  those with luxury cars also enjoy fuel subsidy from the government,” he told reporters at the Parliament lobby here yesterday.

  Dr Mahathir was commenting on Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail’s announcement yesterday that the PSP, which will be implemented on Jan 1 next year, would ease the burden of some  2.9 million recipients of Bantuan Sara Hidup (BSH) who have cars in peninsular Malaysia. –Bernama

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