Bernama reported that the Second Finance Minister, Ahmad Husni Hanadzlah did not discount the possibility that petrol price at the pump could follow the market price or without subsidy once the restructuring of petrol subsidization is implemented early 2010.He said with the new structure, the offer of subsidy will be more targeted to the qualifying group or the holders of MyKad to enjoy the subsidized petrol price.
“The system is being developed and will be implemented between the first and second quarter,” he told reporters.
So what is the means test for subsidized petrol since this could differ from rural and urban areas?
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