There is the latest news that there will be a fuel price hike of 78 sen per litre from 5 June onwards. Cars of 2000 cc and below and all motorbikes will get annual rebates according to The Sun.
No wonder Pak Lah says to tighten our belts. But are the govt ministers going to tighten their belts too and declare their personal assets ? It's time to walk the talk, and not tell the people what to do. The price hike will definitely mean a spiralling effect on the economy of the country. So let's do what we can in being transparent and prudent in our spending, especially in travelling on the road.
Can Anwar do anything about increasing the subsidies to reduce petrol prices if he comes to power? Or is this a case of a worldwide oil price effect that we are experiencing now in the region. If fuel prices are increased to market levels, we will head towards inflationary pressures on the economy, and this will burden the consumers, especially the poor.
The fault lies with the Malaysian govt for their shortsightedness in the proper planning of our public transport system, especially in Penang. I think we should encourage Penangites in their island to go cycling like the Dutch!!
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