Former Prime Minister Tun Dr Mahathir Mohamad told the press on Wednesday (June 12) that the government should not burden the people by making drastic withdrawal of the fuel subsidy and have the diesel price floating at RM3.35, up from RM2.15 per litre.
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NewsTranscript
00:00Now the country is facing inflation pressure, which is felt more by the poor than the rich.
00:16We see now there are a lot of extraordinary crimes.
00:22There are a lot of crimes happening because the people are worried about losing their livelihood.
00:31You can't imagine the pressure on the parents.
00:35Sometimes they may not be able to feed their children.
00:41That is very frustrating.
00:44There is no attempt made to provide relief for the people.
00:57Instead, the government has increased the price of diesel.
01:01And the increase is a very big increase.
01:04It is not for the B40, but the fact is that when you increase the petrol price,
01:11petrol price is used by industry, by transport and all that.
01:16And when you increase that much, if you increase 10 cents, it is 1.20 ringgit.
01:27So that affects the cost of transport, the cost of generating power, the cost of industry and all that will be affected.
01:38And when those people are affected, they have to raise their charges.
01:45And the poor people are the people who use all this kind of transport.
01:50The promise is made, when he becomes Prime Minister, he would lower the price of petrol.
02:00Today he becomes Prime Minister, lower petrol price.
02:05But what we see is the increase in petrol price.
02:09At the cost to the people.
02:12The government has made matters worse by withdrawing subsidies.
02:19If you want to withdraw, you can do it bit by bit, small amount.
02:25But 1.20, the original price was 2.50.
02:32Almost 50% increase.
02:35So, I am not complaining because I am not the Prime Minister, but I am the people.