Friday, November 21, 2014
Hasan Malek: No more RON95 petrol, diesel subsidies from Dec 1
All subsidies for RON95 petrol and diesel will be stopped beginning Dec 1, said Datuk Hasan Malek.
The Domestic Trade, Cooperatives and Consumerism Minister, who
announced this at a press conference here on Friday, said the retail
prices for RON95 petrol and diesel will be fixed according to a managed
float, similar to the mechanism dictating the RON97 petrol price.
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