Prices are UP but income still the same!!!!!!
Oh My God………
PUTRAJAYA: The prices for RON95 petrol and diesel will increase by 5sen per litre at midnight (12.01am Dec 4) while the prices of liquified petroleum gas (LPG) and sugar will be up by 5sen and 20sen per kg respectively.
RON95 would be raised to RM1.90 per litre from the current RM1.85 while price of diesel would be retailed at RM1.80 per litre. LPG and sugar will cost RM1.90 and RM2.10 per kg respectively.
Minister in the Prime Minister’s Department Datuk Seri Idris Jala Idris said the price hike was the second wave of the subsidy rationalisation programme.
Prices of RON95 and diesel went up by 5sen per litre while sugar and LPG were raised by 25sen and RM10 on July 16 for the first wave of the programme.
That resulted in total savings of RM779mil. This time around, Idris said the savings is expected to be RM1.18bil.
Idris said the savings would be channelled towards improving urban transportation network, rural basic infrastructure and roads, education and efforts to combat crime.
He added that the increase was very minimal and should not hurt the people.
“I think it is fair to the rakyat. I believe people will be able to accept it,” he told a media briefing on the second wave of subsidy rationalisation here Friday.
Idris said the Consumer Price Index could be contained in view of the low increase and declined to disclose the amount of subsidy the government would have to pay for the items.- Star, 3/12/2010,Price hike for RON95, LPG and sugar
Labels: Malaysia - Economy
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Ha ha ha….. what a joke guys….. why this things happening???? I know one reason…
WEAK MANAGEMENT ……. The country is run by weak people….. they take a easy step by hiking the price…. They not even try or think other alternatives…… our PM is surrounded by weak people ….. he should replace them…… he should hire me…….. ha ha ha!!!
They just have to cut expenses on unnecessary projects ….. and curb bribery. From here you can save billions already. Ha ha ha …. I’m not finance minister….. or economy professor. Even a primary student can think of this… there is lot of smart people in this country… just use them….. think some way to make money….. and cut expenses, do something or not, the country is going to bankrupt…..
Who will suffer…. Us the rakyat, and worst, the low income people…. some people will say “ala 5 sen je, tak banyak”….. well this people is somebody never think of other people or they even don’t ‘f…k’ care..
But I care.. anybody should not suffer or hurt like this, nobody deserves it.
It almost 2.78% hike. Everybody knows when oil, diesel and gas price up, other stuff like food and transport (and whatnot) prices will go up too. if a person income is RM1000.00 he will suffer deficit of RM27.80, well that’s lot for him/her. What about in long run?? How much he is going to lose??? Sorry guys you have to do math for me….. I’m weak on that….. ha ha ha…. But I still can count money…..
The mega question is …… is his/her Boss will increase his/her salary???? Ha ha ha…. U know the answer…… No, no, no, no, no way, no way…. Get loss!!!!.. so guys , either you asked your boss a increase or you work harder and overtime(OT) to increase your income…. So whatever is it……..
Life goes on……..