Fuel subsidy: Heads up will encourage profiteering - Rafizi

PARLIAMENT | Giving advance notice on the government’s decision to implement subsidy rationalisation will result in traders taking advantage of the situation, said Economy Minister Rafizi Ramli.

He told the Dewan Rakyat today that the government has to balance the subsidy rationalisation impact to prevent traders from repeatedly hiking the prices of goods.

“If an advance announcement is made, the...