Economist defends April BUDI95 quota cut as economically sound
A Universiti Teknologi Mara economist said the April cut in the BUDI95 quota from 300 to 200 litres was reasonable because global oil prices were high. Tan Peck Leong said the government did not withdraw subsidies or raise the RON95 price, but limited subsidised petrol purchases. He rejected the claim that restoring the quota was purely a political move.