The Prime Minister’s Office has announced that the prices of fuel in Malaysia will be slashed by 10 sen each effective midnight tonight. The slash includes diesel fuel, which is good news I suppose as it was previously indicated that diesel fuel would not get futher price cuts this time around as it was still being subsidised.
The following are the new prices of fuel in Malaysia slashed by 10 sen each effective tomorrow, the 3rd of December 2008:
Fuel | Old Price | Reduction | New Price |
RON97 | RM2.00 | RM0.10 | RM1.90 |
RON92 | RM1.90 | RM0.10 | RM1.80 |
Diesel | RM1.90 | RM0.10 | RM1.80 |
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AI-generated Summary ✨
Comments express skepticism about the government’s decision to cut fuel prices by only 10 sen, citing issues of transparency and trust due to past mismanagement and unnecessary spending on unrelated projects. Many feel that the reduction is insufficient and question whether the savings benefit the rakyat or are absorbed by government revenue. There is frustration over the lack of accountability for funds collected through taxes and subsidies, with some noting that the government enjoys extra revenue from lower crude prices while prices at the pump remain high. Several commenters urge for more substantial cuts, better utilization of surplus funds, and transparent policies. Overall, sentiments are a mix of gratitude for the small reduction and distrust towards government motives, with calls for more meaningful relief for consumers.