Friday, July 16, 2010

Subsidy cutting by Malaysia Government

Starting today, RON 95 is RM1.85 (RON 97 is RM2.10, diesel is RM1.75), sugar is at RM1.90 per kg and LPG is at RM1.85 per kg.
Once again we have to live with higher living cost as this subsidy cut will affect prices of other product and services. Drinking at mamak stall will be more expensive and also travelling will be more costly. The government have all the right to cut this subsidy since it involve a lot sum of money and it cost the country dearly.
The government should look at the affected people such as low income people who depend on public transport to move around. I agree with FOMCA secretary-general Muhd Sha’ani Abdullah to review the bus fare to ensure those low income people are not badly affected with this hike. With this, many people will chose to travel with public transport.
Whatever the cut it, it definelty going to affect those low income citizen as they depend much on public transport. With the hike in petrol and diesel price, supplier will always use this excuse to increase their goods price. The government also have to control some of the product such as fish, meet and also vegetable because the price surely going up after this. Those responsible people have to go down to market frequently to check on irresponsible supplier or seller.

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