1Malaysia Development Berhad 1MDB debts Pakatan Harapan RON95 fuel price RM1.50 Amiruddin Hamzah
Deputy Finance Minister Datuk Ir. Amiruddin Hamzah. PIX: IQBAL BASRI / Malaysia Gazette / 24 JULY 2018

By Kasthuri Jeevendran

KUALA LUMPUR – The Pakatan Harapan (PH) government expressed its astonishment on allegations that the party had promised to reduced RON95 to RM1.50 per litre.

According to the Deputy Finance Minister Datuk Ir. Amiruddin Hamzah, they are still ‘searching’ for the essence in PH Manifesto during the 14th General Election which promised to reduce the price of fuel to the RM1.50 level.

Amiruddin said, he was unsure if anyone was that ‘excited’ during the election campaign and made such promises despite it was not included in the PH Manifesto.

“As alleged by certain quarters, we are still searching if we really made such promise if we win the GE.

“It was not contained in the manifesto book and I’m not sure if there are people who got ‘over excited’ in promising the RM1.50 in their election campaign but I wish to emphasize that it is not in the manifesto book,” he said in reply to Senator Datuk Ng Chiang Chin who requested the Finance Ministry to list the fuel subsidies spend by the government to stabilise the prices of RON95, RON97 and Diesel since May 2018.

Chiang also requested for clarifications if the government planned to reduce the RON95 to RM1.50 as promised in the PH Manifesto in the future.

Amiruddin added, the government has no plan to reduce it to RM1.50 unless the global fuel price plummets.

“The RON95 petrol and diesel subsidies paid by the government since May 2018 is RM1.667 billion. We still maintain the retail price of RON95 and diesel at RM2.20 per litre and RM2.18 per litre.

“At the same time, we will also maintain this price although the market rate for fuel is higher following the PH government’s commitment to prioritise the welfare of the people over increasing the government’s income.

“We are concerned on the burdens of the B40 group. The RON97 is floating based on the weekly global fuel price as the wealthy people can afford this product,” he said.

Recently, HARAPAN is slammed by various quarters for not reducing the fuel price as they promised if they conquered Putrajaya.

Nevertheless, based on the HARAPAN manifesto, it only promised to stabilise fuel price and reintroduced targeted subsidies scheme.

A viral video clip also showed that the Vice-President of PKR Rafizi Ramli promised to reduce fuel price a day after the coalition takes over Putrajaya.

Nevertheless, there is also suspicion that the clip was made prior to GE13 on 2013 as Rafizi referred to the opposition coalition as Pakatan Rakyat. -MalaysiaGazette

Read More on fuel subsidies:

Fuel price leap will balance the loss of GST

Government allocates RM3b for fuel subsidies

Fuel prices remain, government to reintroduce subsidy

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