RM103bil savings from subsidy reduction
By TEH ENG HOCK
KUALA LUMPUR: The proposed reduction of Government subsidies will result in savings of RM103bil over five years, says Performance Management and Delivery Unit (Pemandu) chief executive officer Datuk Seri Idris Jala.
Among others, he said, the subsidy rationalisation laboratory proposed that fuel price be increased in mid-2010 by 10 to 15 sen, followed by 10 sen increase every six months until it reaches market price.
He said 61% of respondents in a SMS poll agreed that subsidies should be reduced while 66% preferred that it be done over three to five years. Some 200,000 people took part in the poll.
>> i wonder they give subsidy in the first place. if it is supose to help people then why they are taking it back? so is this one of our government's dirty trick??
No comments:
Post a Comment