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2010 Petrol and Diesel Price Hike

The Malaysian government announced that beginning July 15, 2010, subsidies for sugar, petrol, liquefied petroleum gas and diesel will be cut as part of a subsidy rationalization program. Specifically, the prices of sugar will increase 25 cents to RM1.75 per kg, LPG will increase 10 cents to RM1.85 per kg, RON95 petrol will increase 5 cents to RM1.85 per liter, and diesel will increase 5 cents to RM1.75 per liter. A study will be conducted to determine the impact of price increases for essential items like sugar, petrol and LPG.

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4 views1 page

2010 Petrol and Diesel Price Hike

The Malaysian government announced that beginning July 15, 2010, subsidies for sugar, petrol, liquefied petroleum gas and diesel will be cut as part of a subsidy rationalization program. Specifically, the prices of sugar will increase 25 cents to RM1.75 per kg, LPG will increase 10 cents to RM1.85 per kg, RON95 petrol will increase 5 cents to RM1.85 per liter, and diesel will increase 5 cents to RM1.75 per liter. A study will be conducted to determine the impact of price increases for essential items like sugar, petrol and LPG.

Uploaded by

chindi0428
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd

Start from 15 July 2010, the subsidies for sugar, petrol, liquefied petroleum gas and diesel will

be cut as part of the gradual subsidy rationalisation programme, according to a statement from the Prime Ministers office. The price of sugar will go up 25sen to RM1.75 per kg; LPG will go up 10sen to RM1.85 per kg; petrol RON95 will be up 5sen to RM1.85 per litre and diesel will be up 5sen to RM1.75 per litre. A research will be carried out to find out effect of price hike in essential items such as sugar, petrol and LPG.

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