ID :
20820
Tue, 09/23/2008 - 20:29
Auther :

CABINET TO DISCUSS WHETHER IT'S POSSIBLE TO REDUCE FUEL PRICE - ABDULLAH

PUTRAJAYA, Sept 23 (Bernama) -- The cabinet will discuss Wednesday whether
it is possible to reduce the fuel price, Prime Minister Abdullah Ahmad Badawi
said Tuesday.

The prime minister did not give any indication whether the price would drop
but said that he hoped it could be reduced as the world crude oil price was now
hovering around US$100 per barrel. (US$1=RM3.4)

"We have to discuss this at the cabinet meeting as matters related to the
fuel price and subsidy are decided by the cabinet.

"So it's better that we wait for the outcome and hope for the best," he
told
reporters after chairing the second Economic Executive Council meeting at the
Putrajaya International Convention Centre here.

Abdullah said this when asked whether the people could expect any Hari
Raya (festival marking the end of fasting month) "goodies" from the
announcement Wednesday.

On Saturday, Domestic Trade and Consumer Affairs Minister Shahrir Abdul
Samad said a decision whether the fuel price would be reduced or retained
would be known Wednesday.

The current price of RON97 petrol is RM2.55 per litre while diesel is at
RM2.50 per litre.

In June, the government increased the price of petrol and diesel to RM2.70
and RM2.58 respectively when the crude oil price rose to around US$125 per
barrel.

Meanwhile, Abdullah was also asked to comment on claims by People's Justice
Party (PKR) Information Chief, Tian Chua, that People's Coalition had opened
talks with the government on the current political impasse.

Dismissing the claim, Abdullah said it was "the craziest report I have ever
heard."

Abdullah also criticised the media for coming up with the report, saying,
"You should think first before you make such a report."

He said there were no such talks with representatives of PKR advisor Anwar
Ibrahim.

Wire agency reports quoted Tian Chua as saying that the contact, through a
third party, was initially made on the weekend and that more than one meetings
had taken place ever since.

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