The money saved on subsidies can go to the PM’s Dept, which will think of ways to use it to make the rakyat happy.
Malaysians had a rude shock when the government announced a fuel price hike on October 1. It kicked off a furore, with many heading for the nearest petrol pump in long queues to fill their tanks in a last ditch effort to save on precious ringgit before the midnight deadline.
So it was indeed a pleasant surprise when Malaysians found out that it was merely a subsidy reduction and not a price hike as claimed. (more…)