KUALA LUMPUR: Higher electricity tariffs are impacting small and medium enterprises (SMEs), says Datuk Seri Dr Wee Ka Siong.
"Based on estimates done by five associations, the increase in tariff is between 20% and 40% and this will contribute to a rise in the inflation rate," he said.
Dr Wee noted that the tariff increase had come at a time when SMEs were in the process of reviving the economy.He asked what the government could do to alleviate this situation for the SMEs. In response, Nik Nazmi said that the tariff hike did not affect domestic users but only commercial users.
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