LOOKING beyond financial assistance for the poor and hardcore poor, below are what Malaysians at large can look forward to from the “extraordinary appreciation” package unveiled by Prime Minister Datuk Seri Anwar Ibrahim earlier today (July 23):
- RON95 drops 5 sen from RM2.05 to RM2.00: One can save RM2 every time for filling up 40 litres.
Pending the fuel rationalisation plan to be announced by the end-September 2025, around 18 million Malaysian car drivers and motorcyclists can look forward to RON95 price of RM1.99/ litre.
In 2023 and 2024, the money the government has spent on RON95 subsidy alone was estimated to have cost nearly RM20 bil annually.
Although world oil prices have declined this year, the price of RON 95 petrol without subsidy still hovers around RM2.50/litre which is far higher than the subsidised price people were paying.
- RM100 credit via MyKad for every citizen aged 18 and above: This is higher than the RM30 e-wallet during the time of Pakatan Harapan (PH) 1.0 administration under the then finance minister Lim Guan Eng.
Even business tycoon such as Tan Sri Vincent Tan Chee Yioun or Tan Sri Francis Yeoh are entitled to the RM100 disbursement between Aug 31 and Dec 31 to purchase essential goods at over 4,100 outlets nationwide, including major supermarkets such as Mydin, Lotus’s, Econsave and 99 Speedmart as well as retail stores in all districts.
This RM100 e-wallet assistance will cost the government RM2.2 bil which is less than half of the RM5 bil that was just borrowed yesterday.
This brings the government’s net borrowings for 8M 2025 to RM81.28 bil which has already surpassed the RM80 bil borrowing limit set in Budget 2025.
As of today, the government’s total new debt has reached RM81.2 bil with an increase of RM256.21 bil in just 32 months of the Madani administration (since November 2022).
- Additional public holiday on Sept 15 in conjunction with Malaysia Day on September 1 to boost national unity.
- No toll increases for 10 highways: The government will bear over RM500 mil a year to ensure this happens.– July 23, 2025
