More details on diesel subsidy rationalisation soon

KUALA LUMPUR: Further details will soon be revealed by Finance Minister II Datuk Seri Amir Hamzah Azizan on the implementation of the diesel subsidy rationalisation mechanism, says Prime Minister Datuk Seri Anwar Ibrahim.

“The second finance minister will give an explanation soon.

“I was just giving an overview, the big picture will come later,” Anwar told reporters during a press conference after attending the Postnormal Times Madani Exhibition at Berjaya Times Square here.

Responding to Opposition Leader Datuk Seri Hamzah Zainudin’s query whether Anwar had visited wet markets to check on the prices of goods that were affecting the people, the Prime Minister said he did so on a weekly basis.

“Each time I visited (these places), I asked about the prices of goods and also inquired about their problems.

“It seems that he (Hamzah) is trying avoid from responding to allegations that his party is supporting rich tycoons and foreigners,” Anwar added.

Last week, the Prime Minister announced that the diesel subsidy rationalisation would be implemented in Peninsular Malaysia first, and later for Sabah and Sarawak.

The implementation of the diesel subsidy rationalisation mechanism is expected to save RM4bil a year for the government.