So, it has happened… after going back and forth between the ministers on when the fuel increase will happen - today at 5pm the Prime Minister has announced that petrol will now cost RM2.70 per liter (an increase of RM0.78).
This undoubtedly caught many by surprised… not so much on the issue that that petrol prices will increase but more to the fact that it went up by that much.
So, now an average car with a fuel tank of 50 liters will cost RM39 more to fill up. To make matters worse, TNB will also increase the electricity rates by 18% for homes and 26% for business users.
Now, how do they expect people to cope up with these sudden change of prices??? Do they really think that companies will start paying their employees more next month?
I sure hope that the Govt has more plans in place besides just the annual cash rebates for vehicles to cope with the inflations as I’m pretty certain that prices of everything else will increase due to this.
