KUALA LUMPUR: The government is likely to introduce a targeted fuel mechanism to cushion the impact of the rising crude oil prices especially to the lower income group.
Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed said the government is still working on a suitable structure and expects it to be completed soon.
He also noted that the Finance Ministry is currently looking at whether the government is able to bear the subsidy and fuel prices for RON95 and diesel would remain for the time being. — Bernama