Wednesday July 30, 2008 MYT 8:33:00 PM
Cabinet mulling over lowering fuel prices
By MAZWIN NIK ANIS
PUTRAJAYA: Malaysians may be paying less for fuel soon as the Cabinet is mulling over the possibility of lowering the present prices.
Several Cabinet Ministers said the matter was discussed during their weekly meeting Wednesday but declined to elaborate, saying that Prime Minister Datuk Seri Abdullah Ahmad Badawi was expected to make an announcement soon.
Higher Education Minister Datuk Seri Mohd Khaled Nordin said the possibility of consumers paying lesser for fuel was raised and that the mechanics were still being worked out.
Information Minister Datuk Shabery Cheek also admitted that the Cabinet was studying the matter.
"Let the Prime Minister make the announcement," he said yesterday.
Domestic Trade and Consumer Affairs Minister Datuk Shahrir Samad , however, declined to comment on the subject, saying that it would be best to wait for the PM.
The government, had on June 4, raised the prices of petrol and diesel, on grounds that that it could no longer continue to subsidise fuel, but give a 30 sen per litre discount from market prices.
Currently, Malaysians are paying RM2.70 per litre at the pump while diesel is priced at RM2.58 per litre.
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