Diesel fleet card limit based on volume, not value, says deputy minister

Diesel fleet card limit based on volume, not value, says deputy minister

Deputy finance minister Lim Hui Ying says her ministry has yet to set the limit.

Deputy finance minister Lim Hui Ying says further details on the limit for fleet cards in the subsidised diesel control system will be announced.
PETALING JAYA:
The limit for fleet cards in the subsidised diesel control system (SKDS) will be based on diesel volume in litres, not value, says deputy finance minister Lim Hui Ying.

In a report by Berita Harian, she said second finance minister Amir Hamzah Azizan would announce further details on the matter.

“We have not yet set the (diesel-filling) limit,” she said after launching the fourth Malaysia tax policy forum in Putrajaya today.

On Sunday, the government set the new diesel price at RM3.35 per litre, which Amir said was the market price without subsidies, based on the average for May 2024, according to the automatic pricing mechanism formula.

To counter the rise in diesel prices, the government has implemented targeted diesel subsidies via SKDS, including for sectors such as logistics.

Lim also addressed complaints that the RM200 monthly aid from the Budi Madani programme was not enough, saying the government would consider increasing the aid in the future.

“For now, the sum will stay at RM200. The finance ministry has conducted studies and engaged many parties, and feels this sum is enough,” she said.

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