International market is still low, the government must return subsidies

SHAH ALAM, 3 June: The government’s warning to traders to not raise prices due to the 10 cents increase in petrol per liter cannot assure the people.

The Deputy President of Federation of Malaysian Consumers Associations (FOMCA), Mohd Yusof Abdul Rahman, said that the price of goods cannot be controlled by the government because it depends on the cost of supply.

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“The warning by the Deputy Finance Minister, Datuk Ahmad Maslan, for prices to not be increased has failed making an impact because price control is outside the jurisdiction of the government.

“There should be no reason for the government to raise the price of petrol because based on the international market, it is still low,” he said when contacted by Selangor Kini.

Mohd Yusof said that petrol is a fuel that is a basic necessity for transportation and has a significant effect on the people.

“Since it depends on the world market, the government must return the subsidy so that the price of petrol will be stable.

“The government should also set a fixed level when the price reaches a level where the government should provide subsidies for the enjoyment of the people. The government should give proactive measures to the people,” he said.

NS


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