How Budget 2019 Affect the Petrol Price?

From the recently announcement (by minister of finance Lim Guan Eng) of the new Malaysia government on 2nd November 2018,

Budget 2019 Highlights:

• Government will subsidise RON 95 petrol for those with cars with the engine capacity of 1,500cc, and under, and those with motorcycles with engine capacity of 125cc and under.
• Subsidy will be RM0.30 per litre and capped at 100 litres a month for cars and 40 litres a month for motorcycles.
• Price of RON 95 will be floated after subsidy is put in place.

Checkout the video how the RON 95 subsidisation works and affect the daily consumers like us!

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