Govt allocates RM200m for My50 travel pass in 2024 as subscribers increase to 2.18m

• "For every person who uses the My50 travel pass, you are actually receiving RM100 in subsidies from the government, but the public may not be aware, as they believe it is just RM50."

KUALA LUMPUR (Jan 9): The government has increased the allocation for the My50 travel pass to RM200 million in 2024 to accommodate increasing demand, said Transport Minister Anthony Loke Siew Fook.

According to him, the total number of My50 travel pass subscribers jumped 55% to 2.18 million in 2023, from 1.41 million subscribers in 2022.

Recognising that the allocation for the My50 travel pass in 2023 was insufficient, Loke said Prasarana Malaysia Bhd had requested for additional funds from the Ministry of Finance (MOF).

"Thus, the government has now increased the allocation to RM200 million, and whether it is sufficient depends on the number of subscribers. If the allocation is insufficient, we will request for more funds from the MOF,"  Loke said during a media briefing on Tuesday on Prasarana's 2023 performance and future plans.

He added that he had instructed Prasarana to state on the receipt of the My50 travel pass that the actual monthly cost is RM150.

"For every person who uses the My50 travel pass, you are actually receiving RM100 in subsidies from the government, but the public may not be aware, as they believe it is just RM50. Thus, this must be reflected on the receipt of the My50 travel pass," Loke added.

He also said the My50 travel pass is a "sustainable" initiative, though he did not elaborate, saying only that the government wants to encourage more people to use public transport.

My50 is an unlimited travel pass that offers 30 days of unlimited rides on Rapid KL LRT, MRT, Monorail, BRT, Rapid KL buses, and MRT feeder bus services in the Klang Valley, for only RM50 per month.

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