KiniBiz TigerTalk | Tiger read with great interest and increasing alarm that we are going to have a tiered subsidy system for fuel. Now, whoever came up with this feeble idea and who will gain from it? Who will enforce it? Tiger groans at the scheme’s plain stupidity and wonders what’s the motive.
Tell me if I am wrong. Aren’t fuel subsidies supposed to be a toll on government finances and encourages on top of that wasteful use of wasting resources instead of discouraging their unnecessary use? Isn’t that why the government is cutting subsidies bit by bit?
According to Second Finance Minister Ahmad Husni Hanadzlah, the fuel subsidy rationalisation programme will be divided into three tiers, depending on monthly income.
Full story: http://www.malaysiakini.com/news/278813
