Sustainable Petrol Subsidy Program in Malaysia Post Covid-19 Pandemic

Abstract

Aim/Purpose: The aim of this research is to examine the key factors that contribute to the sustainability of petrol subsidy program in Malaysia post COVID-19 pandemic, Background : Petrol subsidy is one of the main initiatives of Malaysian Government in reducing the living cost of B40 and M40 families which suffered from poverty due to COVID-19 pandemic. Methodology: A total of 150 questionnaires were disseminated to Malaysian B40 and M40 households. The paper utilised ccross-sectional design to test hypotheses that contribute to the sustainability of petrol subsidy program in Malaysia post COVID-19 pandemic, Unique Contribution: Th s research is the pioneer research in Malaysia thart provides comprehensivel information and valuable initiatives in exploring sustainable petrol subsidy scheme, leading to a significant influence in the household income and living standard of Malaysian B40 and M40 families. It helps Malaysia Government to effectively frame their subsidy intiiatiative towards creating and retaining a greater value onto the household in need post COVID-19 pandemic.