CEILING PRICE FOR FUEL OUT WEEKLY
Public to be told on Mondays or Saturdays, says minister
THE ceiling price for fuel will be announced weekly from next month, said Domestic Trade, Cooperatives and Consumerism Minister Datuk Hamzah Zainuddin.
He said the imposition of the ceiling price would likely be announced on Mondays or Saturdays to enable consumers to know the current prices and avoid confusion.
“The government is determining the fuel price to avoid it from exceeding the correct market price.
“Second Finance Minister Datuk Seri Johari Abdul Ghani and I are doing this to ensure that the people know what has been determined by the Petroleum Dealers Association of Malaysia.
“It is up to the petrol station retailers to work with the association and ensure no one is left out of the plan we want to put in place,” he added.
Hamzah, who is also the Larut member of parliament, said this yesterday after officiating the Parent-Teachers Association Meeting of SK Bagan Bharu.
Asked about the request by the Perak Petroleum Dealers Association for the government to not undertake a ceiling price mechanism, Hamzah said his ministry had a discussion on the matter yesterday.
“The government will consider what they have requested in making a decision on whether we agree or otherwise,” he added.
Datuk Hamzah Zainuddin