# Peninsular diesel floats to about RM3.35 a litre under targeted subsidies

Date: 2024

## The fact

From 10 June 2024 Peninsular retail diesel moved to an unsubsidised market print of about RM3.35 a litre, up around 55 percent, under Anwar’s targeted-subsidy rationalisation. Eligible fleets kept a subsidised channel.

## Context

Blanket diesel sat as parent. East Malaysia kept a different price. He did not sit as every pump. MOF and KPDN implement.

Cost-of-living 2023 is the parent household weather. Budi95 2025 is a later petrol-targeting child.

The Prime Minister of Malaysia advises the Yang di-Pertuan Agong, chairs Cabinet, and is appointed under Articles 40 and 43 of the Federal Constitution. He does not write Bank Negara Malaysia policy rates, does not sit as every state menteri besar, and does not author a United States or China statute. A 1999–2018 prosecution or pardon cluster is not a 2023 subsidy. Allegation is not a completed personal conviction unless a court so held. A 2027 general election is not this page’s completed Fact. As of 27 August 2026 he remains prime minister.

## Evidence and sources

Ministry of Finance Malaysia carries the official instrument or communique. Reuters records the same dated act independently.

## Significance

The path is [household purchasing power](/drivers/household-purchasing-power) versus fiscal sustainability: a completed diesel float with an immediate pump shock.

## What is established and what is not

Established: 10 June 2024 Peninsular diesel float to about RM3.35, independently reported.

Not established: a unique later CPI coefficient from that Monday, or that every East Malaysian litre uniquely moved.

What would change the picture: a contradictory original with a different date or name, a later repeal, a court that vacated the instrument, or a measured series that can be argued, with lag and alternatives, as a consequence of this instrument rather than of later institutions.

The date is the date of this instrument, not a licence to back-date every later harm or benefit.

KPDN and stations reset pumps. Eligible fleets kept a channel.. A later repeal, court stay, or successor order would be a different Fact with a different date. That pair identifies Peninsular diesel floats to about RM3.35 a litre under targeted subsidies, not a later speech about Peninsular diesel floats to about RM3.35 a litre under targeted subsidies.

Co-authors and later implementers named in Context remain on the file. Peninsular diesel floats to about RM3.35 a litre under targeted subsidies on 2024-06-10 is not a licence to treat every later Ministry of Finance Malaysia communique as this same act. If a later repeal, stay, or successor instrument exists, it needs its own date and its own row. This dossier refuses to average Peninsular diesel floats to about RM3.35 a litre under targeted subsidies into a personality. The contribution described on this Person row is limited to He announced the rationalisation as PM and finance minister. KPDN and stations reset pumps. Eligible fleets kept a channel. That limit is the alternative to treating office-holding as authorship of every later series.

## People

- Anwar Ibrahim: https://factrail.ai/people/anwar-ibrahim

## Drivers

- Household Purchasing Power: https://factrail.ai/drivers/household-purchasing-power
- Fossil-fuel subsidies: https://factrail.ai/drivers/energy-fossil-fuel-subsidies

## Sources

- https://www.reuters.com/markets/commodities/malaysia-cut-diesel-subsidies-targets-852-million-annual-savings-pm-says-2024-05-21/
- https://www.mof.gov.my/portal/en/news/press-citations/diesel-subsidy-savings-will-be-redirected-through-public-transport-str-pm

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/my-anwar-diesel-2024