The Malaysian Ministry of Domestic Trade and Cost of Living is reassessing its diesel subsidy program for land goods transport companies. Currently, subsidies are provided with a blanket approach, but the ministry is moving towards a system based on actual diesel usage. This change aims to refine the allocation of subsidies and potentially improve efficiency. The review focuses on ensuring support reaches companies genuinely needing it, based on their operational demands. This adjustment intends to address concerns about broad-based subsidies and target assistance more effectively. The ministry anticipates the new mechanism will better reflect the real needs of the transport sector. Further details regarding implementation are expected following the completion of the assessment.
