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New fuel subsidy a paltry amount: Govt should review thoroughly first

On Tuesday    08-10-2019 16:11:00

7 Oct 2019


Press statement by MCA Vice-President Datuk Tan Teik Cheng

New fuel subsidy a paltry amount: Govt should review thoroughly first


The new fuel subsidy announced by the Ministry of Domestic Trade and Consumer Affairs (MDTCA) not only fails to address the root of the problem, but also belittles the Rakyat, treating them as paupers through its alms-like offering, all in a haphazard effort to cover up their promise to reduce fuel prices to RM1.50 per litre should they win the election.


The new fuel subsidy not only skims on the amount and the beneficiary groups, but even the Sabah and Sarawak states are side-lined for no reason, receiving completely no compensation whatsoever. This not only causes the fuel subsidy to lose its purpose, it can even instigate tension between the Peninsula and the East Malaysia.


Furthermore, discounting the myriad of terms and conditions, this paltry amount of RM12 for motorcyclists, RM30 for motorcars, is akin to treating the people like paupers, as such amount is mere chicken feed for people who own a vehicle.


Besides that, this new fuel subsidy has also overlooked the needs of the M40 group, where the implementation of such a fuel price system-floating price mechanism, will surely trigger the inflation of various goods. When that happens, both the B40 and M40 group will be faced with immeasurable burden from cost of living, all due to the inept policies created by the government.


Additionally, putting Sabah and Sarawak out of the loop, albeit being Malaysia’s largest oil-producing state, how will the locals there react? After breaking the promise of 20% oil royalty returns to the states, is this how Pakatan intend to continue ignoring the plights and interests of East Malaysians?


What about the promised RM1.50 fuel prices the moment Pakatan sets foot in Putrajaya? Will the people be contented with the meagre sum of money given like alms, even when goods prices all-around are on the rise due to fuel prices, and the crushing pressure of daily lives worsens; Wouldn’t that be too naïve?


The Pakatan Harapan government must retract and review this new fuel subsidy system. Invite the opinions of experts and allow for engagements with the people, then only can the government create a fair, encompassing, and comprehensive fuel subsidy system for all.


Datuk Tan Teik Cheng

MCA Vice-President


-MCA Online-

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