{"id":34749,"date":"2018-06-22T11:10:55","date_gmt":"2018-06-22T03:10:55","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=34749"},"modified":"2018-06-22T11:10:55","modified_gmt":"2018-06-22T03:10:55","slug":"prices-ron95-diesel-remain-year-end","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/prices-ron95-diesel-remain-year-end","title":{"rendered":"Prices Of RON95 And Diesel To Remain Until Year-end"},"content":{"rendered":"
Prices of RON95 and diesel will stay at RM2.20 per litre and RM2.18 per litre respectively, until the end of this year, says Finance Minister Lim Guan Eng.<\/p>\n
A total of RM3 billion has been allocated as subsidies for both fuel, to ensure the prices remain unchanged in the market.<\/p>\n
\u201cThat amount (of subsidy) can be less depending on oil prices but I don\u2019t want to give the figures because it fluctuates week by week.<\/p>\n
\u201cHowever, our estimation is RM3 billion (subsidy) until year-end,\u201d he said.<\/p>\n
Even if prices were to increase later, the government was committed \u201cnot to raise prices\u201d, Lim added.<\/p>\n
RON97, on the other hand, will be based on market movements. The current price for RON97<\/a> was at RM2.59 per litre.<\/p>\n \u201cRON97 is not a problem, because it\u2019s for more expensive vehicles,\u201d he added.<\/p>\n