Up to RM17bil can be saved from government coffers if it decides to implement a targeted subsidy mechanism for petrol, said Deputy Finance Minister Datuk Seri Ahmad Maslan in the Dewan Rakyat on Tuesday (Feb 28).
He said this was because Putrajaya spent RM50.8bil in subsidies for petrol, diesel and liquified petroleum gas last year and it was estimated that the T20 group constituted about 35% or RM17.8bil of the amount.
