Carian mengenai topik fuel-subsidies

The government still has sufficient funds to continue to provide fuel subsidies to the people despite rising global crude oil prices.

The soaring world crude oil prices currently give some room to the government to continue providing fuel subsidies, says Datuk Seri Mustapa Mohamed.

Riyadh also projected a shortfall of $87 billion in next year's budget, the first since King Salman took over the country in January.

The RON95 fuel price for December will be at RM1.95 per litre, Petroleum Dealers Association of Malaysia (PDAM) said.

The government has had to make some "hard" decisions, such as removal of fuel subsidies and introduction of the Goods and Services Tax (GST), to enable the country to achieve a balanced budget.

The government remains confident of achieving its fiscal deficit target of 3.5 per cent of GDP following the removal of fuel subsidies.

The abolishment of subsidies for RON95 petrol effective Dec 1, should have been carried out in stages and not be implemented abruptly.

The misguided belief that fuel subsidies should continue forever is just hurting us in more ways than one.

At least 29 people have been killed in three days of rioting in Sudan sparked by a government decision to scrap subsidies on fuel.

The RM3.3 billion savings from the reduction of fuel subsidies will be ploughed back into the rakyat's interest.

Indonesian President Susilo Bambang Yudhoyono said Tuesday he hopes to lower fuel subsidies that are a risk to Southeast Asia's top economy as soon as May.

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