Ensure No Price Gouging Pas Urges Govt After Diesel Subsidies Lifted

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PAS is calling on the government to enhance monitoring and enforcement to prevent businesses from unjustly raising prices after the removal of blanket subsidies for diesel.
This appeal follows the government’s decision to eliminate blanket diesel subsidies from today, leading to pump prices reflecting the market rate of RM3.35 per litre, an increase from the previous RM2.15 per litre.
In a statement last night, PAS secretary-general Takiyuddin Hassan welcomed the government’s goal of improving financial sustainability and addressing subsidy leakages.
However, he expressed concerns about the potential negative impact on the public.
“PAS hopes that the target groups, such as producers, transport services, farmers, low-income groups, and others, will be fully covered under the exemption measures provided through an easily accessible registration process,” Takiyuddin said.
“PAS also hopes the government will enhance domestic monitoring and enforcement roles to prevent those who take advantage of raising prices or manipulating the market, which will undoubtedly have a negative impact on the economy and the lives of the people,” he also said.
The government has initiated a RM200 monthly allowance for eligible private users as a substitute for the removed subsidies.
Additionally, specific subsidy initiatives have been introduced for the agriculture, fishing, logistics, and public transportation sectors.
The government argues that with these sectors covered, businesses should not increase prices by citing higher diesel costs.
PAS stressed the need for proactive enforcement to ensure the measures are effective and to address any inefficiencies swiftly.
“Besides that, there is a concern regarding the government’s ability to manage the significant leakage issues, especially from diesel smuggling activities to neighbouring countries,” Takiyuddin added. - Mkini

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