Reduction of subsidy will result in RM103bil savings

Petrol, diesel, LNG, LPG, NGV, fuel consumption, petrol & diesel price, petrol & diesel subsidy, rebate and etc etc

Reduction of subsidy will result in RM103bil savings

Postby admin » Thu May 27, 2010 4:03 am

KUALA LUMPUR: Proposed reduction of Government subsidy will result in savings of RM103bil over five years, says Idris Jala.

Subsidy rationalisation laboratory has 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.

Read the full article:
http://thestar.com.my/news/story.asp?fi ... sec=nation
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