Finance Minister II Amir Hamzah Azizan has defended Putrajaya’s decision to provide RON95 subsidies for all Malaysians, regardless of income, despite a cut to projected savings.

The minister emphasised that the estimated RM2.5 billion to RM4 billion in savings under the Budi95 plan should not be dismissed as “chump change”.

“To me, at this point in time, every single...