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Angkatan Muda Harapan has unveiled five policy priorities, pressing the MADANI Government to increase BUDI95 petrol subsidies, tighten governance of state-linked companies, and expand educational opportunities for high-achieving students.
Prime Minister Anwar Ibrahim confirmed Malaysia is sustaining RON95 petrol at RM1.99 by channelling up to RM50 billion yearly into fuel subsidies, shielding consumers from volatile international crude costs.
Malaysia's fuel subsidies could balloon to RM3.5 billion monthly if crude oil persists near US$90 per barrel, though the government says its fiscal position remains solid and revenues from petroleum extraction offset costs.
The Malaysian government will refine its targeted fuel subsidy programme in Sabah and Sarawak by incorporating public feedback on the BUDI Diesel initiative, which launched nationwide on July 1.
Malaysia's parliament is set to grapple with persistent internet connectivity problems, the budgetary strain of fuel subsidies amid Middle East tensions, and support mechanisms for informal sector workers in today's sitting.