KOTA BARU: The monthly allocation for the Subsidised Diesel Control Scheme is estimated to have risen to RM2.2bil in March, nearly three times higher than the previous RM700mil, following a sharp increase in global diesel prices. Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali said the surge in expenditure was driven by escalating global diesel prices. “As an example, on Feb 26, global diesel prices stood at US$93 per barrel, compared with US$239 per barrel on March 31, representing an increase of 158%. Armizan said the government remains committed to continuing the targeted diesel subsidy programme despite rising prices amid the global energy crisis ­following the Middle East conflict. “Under the scheme, a total of 33 types of vehicles are eligible for subsidised diesel, comprising 10 categories of public land ­transport vehicles and 23 categories of goods transport vehicles.

Source: The Star April 06, 2026 00:27 UTC