Oh, no!
Just days after the announcement of the RON97 petrol price reduction, Putrajaya has just announced that it would scrap subsidies for RON95 petrol and diesel beginning December 1st 2014.
The Domestic Trade, Cooperative and Consumerism Minister, Hasan Malek, mentioned that both types of fuel will be sold based on a managed float system.
Maybe it’s time we all take public transportation.. 🙁
We’ll keep you updated if anything new comes up!
