The implementation of diesel subsidy rationalisation is expected to provide annual savings of between RM7.2 billion and RM7.5 billion, up from the RM4 billion in savings projected last year, said Finance Minister II Amir Hamzah Azizan.

He said this is a result of better implementation of the diesel subsidy rationalisation, which saw savings of up to RM600 million per month recorded after its successful implementation.

“When we rolled out (diesel subsidy rationalisation) in July 2024,...