2025 年 9 月 30 日起，凡持有身份证的马来西亚公民，RON95 每公升固定 RM1.99；非公民与大企业付未补贴价 RM2.60（财政部）。

对个人来说这是好消息：补贴 RM0.61／公升，每月最多 300 公升，等于每月最多省 RM183、一年最多 RM2,196。超过 1600 万人符合资格，用 MyKad 就能享有，无需登记。

但如果你只看到「省钱」，你就漏掉了这场改革真正想解决的问题。

旧制度的漏洞

过去的「全面补贴」（blanket subsidy）不分对象：无论你开国产车还是豪华房车、是本地人还是外国人、是个人还是大企业，加的每一公升油都被补贴。

问题是——开越大、越贵的车、开越多的人，拿到的补贴越多。补贴大量流向本来最不需要帮助的群体，甚至漏给外国人和走私。这是一笔每年吞掉数百亿的巨大开支。

「针对性补贴」（targeted subsidy）要做的，就是堵上这个漏洞：把钱留给公民，挡住不该拿的人。

那么真正的问题来了：堵上漏洞之后，国家的账本，到底有没有变好？

From 30 September 2025, every Malaysian citizen with an IC pays a fixed RM1.99 per litre for RON95; non-citizens and large corporations pay the unsubsidised RM2.60 (MoF).

For an individual this is good news: a subsidy of RM0.61/litre, up to 300 litres a month, means saving up to RM183 a month and RM2,196 a year. More than 16 million people qualify, using just their MyKad, with no registration.

But if all you see is "saving money," you've missed the real problem this reform is trying to solve.

The leak in the old system

The old "blanket subsidy" made no distinction: national hatchback or luxury sedan, local or foreign, individual or big company — every litre you pumped was subsidised.

The trouble is that the bigger and pricier the car, and the more you drove, the more subsidy you captured. Much of the money flowed to those who needed help least, and even leaked to foreigners and smuggling — a huge expense swallowing tens of billions a year.

A "targeted subsidy" tries to plug that leak: keep the money for citizens, shut out those who shouldn't get it.

So the real question: once the leak is plugged, does the country's ledger actually get better?