KUALA LUMPUR: The Government will intervene if global crude oil prices rise too high to cushion the impact on RON95 petrol and diesel, said Deputy Finance Minister Datuk Chua Tee Yong.
“However, the intervention mechanism has not been finalised yet and the evaluation process undertaken by the Domestic Trade and Consumer Affairs Ministry is still ongoing,” he told a press conference after delivering his keynote address at the 19th Malaysian Capital Market Summit here yesterday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!