Prime minister Datuk Seri Anwar Ibrahim.says that the government will proceed with the implementation of targeted diesel subsidies, with the Cabinet having agreed to the move, The Star reports. He said that prices would be …
until later. This was because almost everyone in Sabah and Sarawak uses diesel for transportation every day. “So, we will postpone this move there,” he said in his speech, which was televised live last night.
Anwar said that in order to prevent any drastic increases in the cost of goods and services, subsidies will be given to traders using diesel-powered commercial vehicles under theCash aid will also be given to eligible individuals such as small traders and farmers who own private diesel-powered vehicles, while.diesel subsidies will continue to be provided to certain categories of fishermen.
As such, the PM said that lower- and middle-income groups who use diesel for their businesses will not be affected by the rationalisation, which is expected to save the government around RM4 billion annually, and that the only people who would be impacted by the rationalisation is the T20 group and around 3.5 million foreigners.
Anwar however did not indicate when the diesel subsidy rationalisation would be implemented. The government has previously outlined plans to introduce a targeted subsidy mechanism for both diesel and RON 95 petrol, with that for the latter slated to beAnthony Lim Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.
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