Yesterday, 15th July 2010, the Prime Minister Najib Abdul Razak’s administration has taken a politically risky manoeuvre by raising prices of three types of fossil fuels, sugar and cooking gas in the country via the reduction of subsidy. These subsidy cuts are supposed to save the government RM750 million a year. The government claims that even after these cuts it will continue to spend about RM7.82 billion a year on fuel and sugar subsidies.
Both RON95 and RON97 grade petrol and diesel prices will be raised by RM0.05 per litre, while liquified petroluem gas (LPG) will be raised by RM0.10 per kilogramme.
Both RON95 and RON97 grade petrol and diesel prices will be raised by RM0.05 per litre, while liquified petroluem gas (LPG) will be raised by RM0.10 per kilogramme.
Sugar prices will be raised by RM0.25 per kg.
All price increases will take effect from midnight 16th July 2010.The breakdown of the new prices are:
RON 95 grade petrol – RM1.85 per litre
RON 97 grade petrol – RM2.10 per litre
Diesel – RM1.75 per litre
White refined coarse granulated sugar – RM1.90 per kg
Liquified petroluem gas – RM1.85 per kg
RON 97 grade petrol – RM2.10 per litre
Diesel – RM1.75 per litre
White refined coarse granulated sugar – RM1.90 per kg
Liquified petroluem gas – RM1.85 per kg
For cooking gas: (each cylinder)
10kg – from RM17.50 to RM18.50, RM1.00 hike
12kg – from RM21.00 to RM22.20, RM1.20 hike
14kg – from RM24.50 to RM25.90, RM1.40 hike
10kg – from RM17.50 to RM18.50, RM1.00 hike
12kg – from RM21.00 to RM22.20, RM1.20 hike
14kg – from RM24.50 to RM25.90, RM1.40 hike
Our government has never fail to invent new system. We will get big 'surprise' from to time. Most of the time all those new system that implemented never satisfies us! Everything is increase and up, when is the time our salary will get increase? 
No comments:
Post a Comment