Rafizi: RM6.8 Billion Subsidy to Lower Oil Prices Worthwhile Than RM8 Billion Subsidy for IPP


PETALING JAYA, 8 Apr: The RM6.8 billion subsidy for the reduction of oil prices of RM0.50 cents promised by Pakatan Rakyat (PR) is more worthwhile than the RM8 billion subsidy given by the Umno-BN Government to Independent Power Providers (IPP) owned by cronies.

PKR Strategy Director, Rafizi Ramli said that until now, the government bears the annual subsidy of RM35 billion and RM8 billion from it is given to IPPs.

He said that it would be better if the subsidy is given to the people to reduce oil prices because IPPs have proven that the subsidy given by the government did not reach the people.

“IPPs have proven that the subsidies do not reach the people because the subsidies are stuck.

“So the difference is that PR is determined to fight with cronies, we will redo agreements that were previously unfair to the people, and we will fight them.

“If we have to sit down and discuss with them, we will do it. If we have to take them to court, we will do it,” he said in a press conference at the PKR headquarters today.

He said that the BN manifesto does not show any effort to eliminate corruption and crony monopoly that only burdens the people.

“PR proposes a holistic reform to eliminate monopolies which will reduce the prices of essential goods compared to BN, who is offering RM100 per month.

In their manifesto, the Umno-BN Government is offering the 1Malaysia People Aid of RM1,200 per year for every family which is equivalent to RM100 per month.

Leave a Reply

Your email address will not be published.