So have you heard? The government has announced that petrol price will go up by 78 sen yesterday, a 41 percent jump from RM1.92 per litre to RM2.70. The prime minister also said that Tenaga Nasional would be raising electricity rates by 18% for homes and 26% for business users. Yes, just yesterday I wrote a post about how we're being screwed by politicians. This is intolerable.
Remember that the government has promised us that petrol price will not be increased anymore somewhat around December 2007? They kept their promise, for a few months! They didn’t promise us anything in 2008. So here it is, with the election just passed and there's a fuel hike. .
Pak Lah sure is taking a major political risk in removing price controls even as he attempts to recover from disastrous March elections that dealt the ruling coalition its worst results in half a century. Rising prices of food and fuel were a major factor in the ballot, which has triggered repeated calls for the premier to stand down. Pump price could rise as high as 3.00-4.00 ringgit when price controls are completely removed in August.
So everyone should start riding the bicycles again..
Remember that the government has promised us that petrol price will not be increased anymore somewhat around December 2007? They kept their promise, for a few months! They didn’t promise us anything in 2008. So here it is, with the election just passed and there's a fuel hike. .
Pak Lah sure is taking a major political risk in removing price controls even as he attempts to recover from disastrous March elections that dealt the ruling coalition its worst results in half a century. Rising prices of food and fuel were a major factor in the ballot, which has triggered repeated calls for the premier to stand down. Pump price could rise as high as 3.00-4.00 ringgit when price controls are completely removed in August.
So everyone should start riding the bicycles again..
