Please use this identifier to cite or link to this item: https://hdl.handle.net/10356/181899
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dc.contributor.authorIsmail, S.en_US
dc.contributor.authorLim, F. P.en_US
dc.contributor.authorLau, G. C.en_US
dc.contributor.authorYow, Kai Siongen_US
dc.date.accessioned2024-12-30T02:52:51Z-
dc.date.available2024-12-30T02:52:51Z-
dc.date.issued2024-
dc.identifier.citationIsmail, S., Lim, F. P., Lau, G. C. & Yow, K. S. (2024). A flexible model for fuel subsidy reform in Malaysia. ASM Science Journal, 19. https://dx.doi.org/10.32802/ASMSCJ.2023.1680en_US
dc.identifier.issn1823-6782en_US
dc.identifier.urihttps://hdl.handle.net/10356/181899-
dc.description.abstractDue to the current spike in crude oil prices and the economic uncertainty, the government of Malaysia is in the midst of revising the current fuel subsidy scheme that imposes caps on both petrol RON95 and diesel. Under the current scheme, all citizens are allowed to refuel subsidised petrol without any restriction. In the year 2022, the projected amount of the fuel subsidy allocation is RM28 billion, compared to RM11 billion in the previous year. To avoid an unhealthy financial position, a more structured fuel subsidy scheme is needed. We propose a framework, namely flexible fuel subsidy scheme (FLEXFUEL), that allocates the fuel subsidy to targeted consumer groups based on some predetermined ratios. Eligible citizens will be classified according to certain factors that will determine the fuel subsidy they are entitled to. The framework improves the weaknesses of the current scheme, and it is more flexible where the total allocation and the ratios are all adjustable to match the latest development of the country. More factors could also be added to the framework when necessary. We believe this is a more effective scheme that benefits both the country and citizens in the long term and simultaneously helps in reducing the environmental impacts due to fuel production and consumption.en_US
dc.description.sponsorshipNational Research Foundation (NRF)en_US
dc.language.isoenen_US
dc.relationNRF-MP-2022-0001en_US
dc.relation.ispartofASM Science Journalen_US
dc.rights© The Authors. This is an open-access article distributed under a Creative Commons Attribution Non-commercial 4.0 International License (CC BY-NC 4.0).en_US
dc.subjectComputer and Information Scienceen_US
dc.titleA flexible model for fuel subsidy reform in Malaysiaen_US
dc.typeJournal Articleen
dc.contributor.schoolSchool of Computer Science and Engineeringen_US
dc.identifier.doi10.32802/ASMSCJ.2023.1680-
dc.description.versionPublished versionen_US
dc.identifier.scopus2-s2.0-85200337341-
dc.identifier.volume19en_US
dc.subject.keywordsFuel subsidyen_US
dc.subject.keywordsMalaysia governmenten_US
dc.description.acknowledgementThis research was partially supported by Universiti Putra Malaysia under Putra Grant GP-IPM/2020/9684300 and National Research Foundation Singapore (NRF-MP-2022- 0001).en_US
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