Brain Ooze

Two price structures for petrol from May 1 (Updated)

PETALING JAYA: There will be two price structures for petrol from May 1 — one for Malaysians and another for foreigners — Domestic Trade and Consumer Affairs Minister Datuk Seri Ismail Sabri Yaakob said on Thursday.

For Malaysians, the price of petrol will also be based on engine capacity, which means that not all would be entitled to subsidised fuel, he added.

Different petrol prices would be introduced for different groups of Malaysians, Ismail told a press conference here on Thursday after launching the new corporate identity of the F&N Soft Drinks Division.

Amongst the things that would be considered are the engine capacity of vehicles and socio-economic factors, he said.

He said that the subsidy for petrol would be retained but only targeted groups would receive the subsidy.

Few questions… how do they define the who belongs to which socio economy? Easiest solution is to say that all pakatan states are modern states (except Kelantan).
What about foreigners who are part of the MM2H program?
What about foreigners who work here and pay taxes?
What is the government doing with all the money it saved?

I have a strong suspicion that the government is out of money to distribute among the supporters. At least last time, badawi said he will save 4 billion when he raised the petrol price and that will go to improving transportation.

This is a depressing news.. Maybe people will be too pre-occupied with the Allah issue that they won’t notice.