I don’t know what happened, but Malaysians were suddenly told that petrol prices will now be pegged to the average international oil price. There will be a 30 sen subsidy on whatever the average global market rate is at the end of the month.
The condition is that the price will not go above RM2.70.
I just want to say, this comes a little too late Mr Prime Minister. Why didn’t you think of this before?
The economy has already gone through carnage, and the damage can never be undone.
The prices of food, goods and services have increased drastically. Sadly, there is no such thing as a price decrease.
Photo: Bill Ault