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Monday September 2, 2013 MYT 10:26:00 PM
Monday September 2, 2013 MYT 10:37:28 PM
by tashny sukumaran
Domestic Trade Cooperatives and Consumerism Minister Datuk Hasan Malek.
PETALING JAYA: The 20 sen increase per litre of RON 95 and diesel was for the benefit of the rakyat and is a step in the right direction, said Datuk Hasan Malek.
The Domestic Trade, Cooperatives and Consumerism Minister said that the rakyat would understand when told how the savings would benefit them.
"We will engage, go down to the ground and explain to them we are saving RM1.1bil. This money can be used to build schools, for BR1M, for the people's welfare."
"We still have the cheapest price in the Asean region," he claimed, adding that his ministry would monitor prices of goods and services in other sectors to ensure they remained stable.
Analyst Khoo Kay Peng said the government had to make up for the fuel price increase in other ways.
"There was nothing else the Government could cut back on to reduce fiscal deficit.
"It can work to improve public transport, for example. It can also go down to the ground to explain to people the reason for the hike. " he told The Star Online.
He also said the move would negatively impact Barisan's image, and that complaints were already circulating widely on social media.
"Even though it was done after the general election, Pakatan will remind people of this increase - the oil price hike will result in other sectors having to increase costs."
Meanwhile, Shah Alam MP and PAS central committee member Khalid Samad criticised the hike, saying the ruling coalition should work to improve efficiency and transparency instead of penalising the rakyat with "unjustified" costs.
Tags / Keywords:
Fuel price hike, Hasan Malek, Petrol, Diesel, Fuel subsidies, Domestic Trade Cooperatives and Consumerism Ministry
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