PUTRAJAYA - The prices of RON95 petrol and diesel are respectively eternal at paras RM2.08 and RM2.18 a liter for the period starting at midnight so 16 front gossip.
The Ministry of Finance in one fact said, the price of petrol RON97 also dropped by five cents, from RM2.54 to RM2.49 a liter for the same period.
According to him, based on estimates under the Automatic Price Mechanism formula, the retail price of RON95 petrol products and diesel for the period should be as much as RM2.19 and RM2.28 seliter.
"This shows a decline from the last week when the RON95 petrol product price was at RM2.24 and diesel at RM2.33 a liter.
"However, the retail price of the two products is maintained at a level of RM2.08 and RM2.18 a liter in line with the royal decision to stabilize the price of retail for petroleum products and maintain the welfare of the people's economy," he said here today.
Meanwhile, the Ministry of Finance said, the budget of subsidies that must be borne by the kingdom for the period pertaining to amounted to RM59.28 million.
"Instead of that amount, as much as RM44.24 million of subsidies are intended for RON95 products when the subsidy for diesel is RM15.04 million," he said. - K! ON LINE