The government’s practice of last minute or sudden announcements when it comes to subsidy rationalisation is to prevent traders from hiking prices of goods ‘many times over’, economy minister Rafizi Ramli said. Conversely, any advance …
The government’s practice of last minute or sudden announcements when it comes to subsidy rationalisation is to prevent traders from hiking prices of goods ‘many times over’, economy minister Rafizi Ramli said. Conversely, any advance notice will result in traders taking advantage of the situation, he added.
“We have to balance the effect if the signal is given earlier, because the problem is that the increase in the price is set by the traders.
Last month, when asked if the move will be implemented this year with a pre-announced timetable, Rafizi said that the government isin the same way it did with diesel. “We did surprise everyone with diesel, and I think everyone is up for another surprise,” he told10% discount when you renew your car insuranceDanny Tan loves driving as much as he loves a certain herbal meat soup, and sweet engine music as much as drum beats.
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