The government has saved RM800 million since the Budi Madani RON 95 (Budi95) programme began on September 30. Prime minister Datuk Seri Anwar Ibrahim said this was from ensuring that fuel subsidies were only enjoyed by Malaysians, with the programme effectively curbing leakages that previously benefited more than 3.5 million foreigners as well from fuel smuggling. He said that every ringgit saved from the targeted fuel subsidies is being channelled back to the people through initiatives such as the Rahmah Cash Contribution (STR) and the Rahmah Basic Contribution (Sara), in addition to upgrading clinics and hospitals, improving roads and strengthening infrastructure, as Bernama reports. As previously reported, 13.9 million out of 16.55 million eligible Malaysians (84%) bought 2.59 billion litres of RON 95 petrol at the subsidised RM1.99 a litre (RM5.16 billion total) since the start of the programme up to November 30. It was also indicated earlier this month that the government is expected to generate savings of around RM2.5 billion to RM4 billion a year, subject to global oil prices, based on domestic consumption survey data prior to Budi95’s implementation. The yearly savings should more than match projections, based on the amount reported for the two plus month period. Under the programme, all Malaysian MyKad holders aged 16 and above with a valid driving licence are eligible to purchase up to 300 litres of subsidised RON 95 fuel per month at RM1.99 per litre, compared with the price of the fuel at its weekly market float price without subsidy, which is presently RM2.62 per litre for the December 18-24 week. Compare prices between different insurer providers to save the most on your car insurance renewal compared to other competing services. Many payment method supported and you can pay with instalment using Grab PayLater or Shopee SPayLater.