The new government will subsidise, if necessary, to keep the fuel prices remain at current rate, says PM Mahathir

KUALA LUMPUR: The current fuel retail price will not change, said Prime Minister Dr Mahathir Mohamad today.

“If required, we will subsidise (to keep the fuel prices remain at current rate,” he told reporters in Putrajaya.

For the past seven weeks, the price of RON95 remained at at RM2.20 per liter; RON97 at RM2.47 per liter; Diesel at RM2.18 per-litre and Euro 5 Diesel at RM2.28 per litre.

The previous government had set the prices of petrol and diesel on a weekly basis since March last year.