SHAH ALAM SEPT 6th: The Federation of Malaysian Consumers Associations (FOMCA) has urged the government to consider annulling road tax and reducing insurance rates in the wake of the oil price hike.
Echoing the sentiments of the Petrol Station Operators’ Association of Malaysia (PDAM), Communications Director of FOMCA, Mohd Yusuf Abdul Rahman said, this suggestion should be a given serious consideration as an alternative solution, due to the people’s collective dismay over the price increase.
“Everyone is aware of the impact this increase will bring on the price chains of goods. This should be an initiative to unburden the people by reducing the taxes, including road tax,” he told TV Selangor.
Previously, PDAM had proposed to the government to repeal road tax and reduce insurance rates on vehicles with capacity less than 2,000 cc.
Yusof said, these proposals should be considered carefully as the oil price increase will certainly lead to higher costs of living for the ordinary people.
He is also confident that these suggested measures are capable of abating the public outrage following the fuel price hike.
“Even though the road tax annulment will only be a temporary solution for the people as they pay road tax only per annum, it should help calming them down. And then announce other initiatives soon,” he said.