'Don't use targeted diesel subsidy as excuse to increase price of goods'

Following the government's plan to implement targeted diesel subsidies as announced by Prime Minister Anwar Ibrahim on May 21, anxiety about a possible increase in the price of goods has begun to rise.

Malaysiakini sought expert views on the issue of expected price increases.

According to economist Dr Geoffrey Williams, there is no reason for traders to increase the price of goods following the adjustment because the diesel subsidy will...