Govt studying impact of various measures before deciding on RON95 subsidy rationalisation - Anwar
There is no decision on subsidy rationalisation for RON95 fuel at this juncture, reiterates Prime Minister Datuk Seri Anwar Ibrahim.
Speaking at the Dewan Rakyat on Tuesday (July 22), Anwar said there was no policy paper tabled so far on expediting the rationalisation process and not a single government that was willing to do it.
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Speaking at the Dewan Rakyat on Tuesday (July 22), Anwar said there was no policy paper tabled so far on expediting the rationalisation process and not a single government that was willing to do it.
Read more at https://tinyurl.com/yfaz76e3
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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NewsTranscript
00:00About the statement of the Prophet Muhammad SAW on 5th of May,
00:05I was asked what the government has decided to end.
00:12I said, until today, it has not been completed.
00:17It means that the Ministerial Committee's task
00:20to end the subsidized diesel pollution
00:23has not been done.
00:26So that's what I answered.
00:28There is no delay.
00:29And the next week, it can be postponed.
00:32It can be adjusted for the next week.
00:37Then, it will be announced a month after that.
00:40There is no delay at all.
00:42The question now is, is there a possibility
00:46for the future?
00:48I do not deny any possibility.
00:51What I can say now,
00:53our entire focus now
00:55is the reduction of subsidized diesel.
00:58Any government,
01:00the subsidized diesel pollution,
01:01there is no need to turn it back.
01:03At the time of the Prophet Muhammad SAW,
01:06everyone wanted to do subsidized diesel pollution.
01:09The subsidized diesel pollution was mentioned by all Ministers,
01:12including the Ministers who were supported by the Prophet Muhammad SAW.
01:16So, do not raise this as wrong
01:18in terms of the basis of subsidized diesel pollution.
01:21Therefore, the implementation,
01:22we take it more seriously.
01:24If there is a weakness, we fix it.
01:26If there is a need to fix it, we fix it.
01:29So, we do not say that we are perfect.
01:31Because subsidized diesel pollution is something that is easy to implement.
01:36If you ask me,
01:37we should have implemented RON 95 a long time ago.
01:40But it is not easy.
01:41Because,
01:42the problem is,
01:433.8 million foreigners take this oil.
01:47Rich people who use Rolls-Royce also use this oil
01:51that we subsidize.
01:53But how to solve it?
01:55For years,
01:56the members of the Cabinet have discussed this issue.
01:59But it is difficult to solve it.
02:01It is the same as we are facing now.
02:03But the question is the principle.
02:05Is subsidized diesel pollution
02:07a wise decision for the economy?
02:10Everyone agrees.
02:13Although in the campaign, we disagree.
02:15Only the implementation can be determined.
02:19I ask,
02:20who, which government, which party,
02:22does not agree with subsidized diesel pollution?
02:24Everyone in the government agrees.
02:26They agree.
02:27Good.
02:28But wait.
02:29We are not ready yet.
02:31Because they know
02:33the effect of the political temperature
02:35that will be heated.
02:37I just want to ask,
02:38when you were in power,
02:40you said subsidized diesel pollution was necessary.
02:42Now you say it is not necessary.
02:44That is different.
02:45If you say,
02:47it is necessary,
02:48but it must be more wise to implement it.
02:51Okay.
02:52I can accept it.
02:53I ask,
02:54how can it be more wise?
02:55It can be.
02:56But now, what is happening is
02:58subsidized diesel pollution.
02:59Subsidize it.
03:00Subsidize it.
03:01It is cruel.
03:02The price is the government.
03:04Tomorrow, the oil price will go down.
03:05That is what I heard.
03:09Yes.
03:10I will repeat it.
03:13Yes.
03:14In March,
03:15I was still in school.
03:17Okay.
03:18But in March,
03:19when I did that,
03:20although the government said no,
03:22when I did that,
03:23all the campaigns,
03:25justice,
03:26PAS,
03:27all were for that.
03:29When I went to Kelantan,
03:31you have to listen,
03:32you were not in Kelantan at that time.
03:34When I went to Kelantan,
03:36I forgot to mention that.
03:38It was in the message.
03:39Oil, oil, oil.
03:41Yes.
03:43But now,
03:44as I mentioned,
03:46it is okay.
03:47I accept it.
03:48No problem.
03:49Did I mention it first?
03:50Yes, I mentioned it.
03:51But I have told you,
03:53the price of oil at that time in Saudi was 50 cents.
03:57Our price was 2.5 cents.
03:59I knew it.
04:02Try to repeat it in Bakar River.
04:04Are you safe?
04:06Okay.
04:07So, this is about subsidizing.
04:10So far,
04:11so far,
04:12there is no basic paper
04:15that can lead us
04:17to implement it quickly.
04:19I can tell you that.
04:20There are studies from the past.
04:24But we think it is better
04:26to look at the steps taken first.
04:29Electricity,
04:30chicken,
04:31diesel exploration.
04:33Those three were done this year and last year.
04:35We look at the effects first
04:37and how the people react.
04:41Then,
04:42we are ready to discuss
04:45what is needed.
04:47But the important thing
04:48I don't want to confuse you.
04:52The important thing is
04:54we have to stop
04:57subsidizing for the rich
04:59and for the foreigners.
05:01I don't know about that.
05:02What is the principle?
05:04We have to think about it
05:05so that we don't burden the people.
05:07Don't subsidize
05:09for the rich
05:11and for the foreigners
05:13as we have been doing
05:15for decades
05:16because no government
05:18is willing to deal with it.
05:20Thank you.