Thursday, July 15, 2010

Subsidy reduction to benefit the people?

Malaysia Chronicle:
What's happening? Are prices going to rocket and hit Malaysians where it hurts most - in their pockets! According to the media, the government will be making the announcement anytime now.

RON 95 and 97 may go up 5 sen, LPG 10 sen per kg, sugar 25 sen per kg, cooking gas by RM1.00 for 10kg cylinder, by RM1.20 for 12kg cylinder and by RM1.40 for 14 kg cylinder.


It is outrageous. The increase may be small at this time. This is only the starting. Hard falling is coming. It is going to hit the people. Why the BN government does not do anything about the corruption and the excessive, wasteful spending? Are they saving the money to send another passenger to the space? According to PM, the saving from the subsidy reduction will be used in other developments which will benefit the people. Is subsidy not a benefit to the people?


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