The mechanism for providing targeted fuel subsidies for motorists is still in the works, said Finance Minister Lim Guan Eng.
However, he indicated that owners of luxury cars may not qualify even if their car’s engine capacity falls within the 1,500 cubic centimetre limit to qualify for the subsidy.
He was asked to comment on a list of luxury cars with engine capacities of 1,500 cubic centimetres or less that have been circulating on social media platforms since his budget speech yesterday.
However, he indicated that owners of luxury cars may not qualify even if their car’s engine capacity falls within the 1,500 cubic centimetre limit to qualify for the subsidy.
He was asked to comment on a list of luxury cars with engine capacities of 1,500 cubic centimetres or less that have been circulating on social media platforms since his budget speech yesterday.
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