This lead us to ask "Is the government really under control of the things or not?"
Let me give an example:
4th June The Start and New Straits Times Headline: Morning 4am
"The new price structure will start in August, and retail cost of the fuel "will depend on global market prices," Domestic Trade and Consumer Affairs Minister Shahrir Abdul Samad said.
4th June TV3 and TV1 Headnews:4.30pm
"Petrol price up by 78 sen"
Other Positive and Negative announcement up in announce since last two days as the consequences of oil price hike :
Negetive:
1)New Electricity tariff by TNB
2)Inflation rate going up by 5%
3)Sugar price up
Positive:
1)Rebate for vehicles
2)Reduction on Road tax
Government would save RM13.7bil from oil price increase which use for:
1)National Food Supply Guarantee Policy=4billion
2)subsidising cooking oil=1.5billion
3)subsidise rice imports=400million
4)flour subsidy=200million
5)bread subsidy=100million
6)subsidies for petrol, diesel and gas=7.5billion
Summary by rationally thinking Malaysian :
Goverment cannot keep on subsidies high oil price , because price of other important item such as rice , flour , sugar also increasing . So the government , cut down the subsidy of the oil and distribute the fund to the other items as well.
""Pampered era for Malaysain comes to a end . 1st wave of price increase is here , now waiting for the 2nd one in august , BE READY MALAYIAN.""
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