BR IEFS PAS: CAP PETROL PRICE

The Sun (Malaysia) - - FRONT PAGE -

PETAL­ING JAYA: PAS has urged the gov­ern­ment to fix a ceil­ing price on petrol and bear any ad­di­tional costs with sub­si­dies if the price goes above it. PAS in­for­ma­tion chief Nas­rudin Has­san Tantawi said this was nec­es­sary as the de­ter­mi­na­tion of fuel prices based on a man­aged float sys­tem would al­low con­tin­u­ous price hikes. “The gov­ern­ment should also re­view the for­mula for petrol and diesel price de­ter­mi­na­tion, fac­tor­ing in the as­pect of changes in global fuel prices, the coun­try’s re­serves and in­fla­tion rate,” he said.

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