Thursday, September 18, 2008

Malaysia needs public transport - not fuel subsidy

...Fuel subsidy can never be a sustainable solution for society.

The Government should take a broader and more responsible perspective when considering reducing fuel prices. Instead, any drop in fuel prices can be taken as an opportunity to reduce the fixed subsidy that is being given while maintaining the current pump prices.

The 30 sen subsidy can now be 15 sen. A partial decrement in both would also be a much better choice. This will certainly reduce the deficit gap.

Alternatively, why not hypothecate the amount saved for further public transport improvement?... - theStarOnline