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[Current Issue] Stop BR1M instead of raising fuel prices, Dr M slams Putrajaya

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Post time 2-10-2014 10:51 AM | Show all posts |Read mode

KUALA LUMPUR, Oct 2 — The Najib administration should stop its Bantuan Rakyat 1 Malaysia (BR1M) cash handout scheme instead of slashing fuel subsidies, Tun Dr Mahathir Mohamad said, warning that the latest price hikes would see living costs soar.

The former prime minister, in continuing his tirade against the current leadership’s policies, took to Twitter last night to voice his concerns on the fuel price hike shortly after it was announced in the media.

“Hentikan BR1M bukan kurangkan subsidi Petrol dan Diesel secara mendadak untuk tampung perbelanjaan negara,” he wrote in one posting via his Mahathir Mohamad @ Suara_generasi Twitter account.

[Translation: Stop BR1M and instead of slashing subsidies for petrol and diesel drastically to cover the country’s expenses]

The prices of ROM95 petrol and diesel were raised from midnight today by 20 sen per litre following Putrajaya’s announcement last night that fuel subsidies will be slashed in line with its subsidy rationalisation policy.

The new retail price of RON95 petrol will be RM2.30 per litre while diesel will be RM2.20 per litre, the Domestic Trade, Cooperative and Consumerism Ministry said in a statement.

Currently the market price for RON95 petrol is at RM2.58 per litre, while the market price of diesel is RM2.52 a litre, the ministry said.

“Even with the reduction in the subsidy rate, the Government estimates it will still be spending over RM21 billion to subsidise the prices of RON95 petrol, diesel and LPG for 2014,” it said in the statement.

But Dr Mahathir lamented the price hikes, saying they would only contribute further to the spike in living costs.

“Kenaikan harga petrol dan diesel secara mendadak menyumbang kepada peningkatan kos sara hidup dan harga barang serta membebankan rakyat,” he wrote in another message on Twitter.

[Translation: The rise in petrol and diesel prices contribute to the rise in living costs and the cost of goods, apart from burdening the people]

The former prime minister has often criticised the Najib government for its subsidy rationalisation programme, insisting that the initiative does not benefit its targeted group.

He has also repeatedly called on Putrajaya to stop its BR1M handouts, claiming it not only poses a financial burden on the government, it would also create a culture of dependency among the country’s poor.

Last year, Putrajaya announced that instead of one annual BR1M payment, the government would issue two handouts beginning this year.

Prime Minister Datuk Seri Najib Razak had also announced measures to ease the burden on the lower and middle-income group in the 2014 Budget, including the possibility of increasing payments on the BR1M from the present RM500.

The suggestion was made at the time after the pump price for RON95 petrol and diesel were increased by 20 sen per litre.

Dr Mahathir had also taken digs then at the administration for a policy that he insisted would never benefit in the long-term for the country’s lower income earners.

“I only disagree with BR1M. But they wanted to give more,” Dr Mahathir said, according to an October 1, 2013, report.

“Whatever we get for free, we will not treasure it. That’s why even with much BR1M given, when the polls came, nobody supported (Barisan Nasional).”

According to the nation’s longest-serving prime minister of 22 years, BR1M has led to a breed of Malaysians who are dependent on the government and lack personal initiative to lift their financial status.

“Better if we train them with some skills, so they can earn by themselves,” he suggested.

When the Najib administration introduced BR1M in 2012, cash aid was handed to households that drew incomes below RM3,000 per month.

The programme reportedly helped nearly five million families at a cost of RM2.6 billion that year and increased Najib’s approval ratings.

This was largely due to a surge among lower-income households.

source: mmo

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Post time 29-6-2022 12:03 PM | Show all posts
BR1M has been in power for 22 years, becoming him the nation's longest-serving prime minister. His policies have produced a generation of Malaysians who are reliant on the government and lack the personal initiative to improve their financial situation.


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Post time 30-7-2022 05:53 PM | Show all posts
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Post time 20-8-2022 10:29 PM | Show all posts
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