MyKad for RON95 subsidy as it worked well for Sara, says minister

MyKad for RON95 subsidy as it worked well for Sara, says minister

Finance minister II Amir Hamzah Azizan says the identity card, which every Malaysian possesses, was used effectively to disburse cash aid.

Finance minister II Amir Hamzah Azizan said the qualifying threshold for subsidies will be raised to widen coverage and ensure more people benefit from the scheme. (Bernama pic)
KUALA LUMPUR:
The government decided to use the MyKad in the implementation of targeted subsidies as it was effective in disbursing cash aid under the Sumbangan Asas Rahmah (Sara) scheme, finance minister II Amir Hamzah Azizan said.

He said rolling out the targeted subsidies with the MyKad was more “efficient and inclusive” as every Malaysian possessed the identity card.

“The finance ministry is in the process of creating a system where we can use the MyKad to manage the subsidy rationalisation,” he told reporters after launching a Malaysian Institute of Accountants conference here today.

Amir said the next step would be to ensure that those in need receive the appropriate level of support, with the Cabinet expected to discuss the matter.

He also said the qualifying threshold for subsidies would be raised to widen coverage and ensure more people benefit from the scheme.

The subsidy rationalisation is expected to be implemented in the second half of the year.

Amir was previously reported to have said the mechanism for implementing the targeted RON95 subsidy will involve a two-tier pricing system, possibly using the MyKad system.

Over the weekend, Prime Minister Anwar Ibrahim proposed excluding the wealthiest 5% of the population from receiving the targeted RON95 subsidies.

On the postponement of the sales and service tax (SST) expansion, Amir said the government remains open to public feedback.

“We always consider the opinions of all stakeholders. For the SST expansion, we will discuss with them and take into account the feedback we receive,” he said.

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