‘Cook­ing oil price hike not bur­den­some’

The Sun (Malaysia) - - NEWS WITHOUT BORDERS -

THE gov­ern­ment’s price ra­tio­nal­i­sa­tion of cook­ing oil will not bur­den the rakyat as the in­crease in cost is only min­i­mal.

Do­mes­tic Trade, Co­op­er­a­tives and Con­sumerism Min­is­ter Datuk Seri Hamzah Zain­ud­din (pix) said a per­son would only have to spend RM2.25 on cook­ing oil ev­ery month on aver­age.

In draw­ing a com­par­i­son, he said the rakyat has been pay­ing more to con­sume min­eral wa­ter as op­posed to pur­chas­ing the ra­tio­nalised cook­ing oil.

“Based on our cal­cu­la­tion, a per­son on aver­age uses around 1.5kg of cook­ing oil per month, which works out to only RM2.25 ev­ery month,” he said.

“The min­eral wa­ter a per­son drinks ev­ery­day costs much more than the oil that is pro­cessed and used by the rakyat,” he said dur­ing the Min­is­ter’s Ques­tion Time.

He was re­spond­ing to a sup­ple­men­tary ques­tion from Lim Guan Eng (DAP-Ba­gan) who had claimed that the lat­est cook­ing oil price ra­tio­nal­i­sa­tion would be a bur­den to con­sumers.

Sub­si­dies on cook­ing oil were re­moved ef­fec­tive yes­ter­day, ex­cept for 1kg poly­bags and 5kg bot­tles of cook­ing oil.

Hamzah said the ra­tio­nal­i­sa­tion was nec­es­sary to en­sure that the sub­si­dies pro­vided by the gov­ern­ment would reach the tar­geted group. “I have in­structed the en­force­ment team to con­duct daily mon­i­tor­ing of busi­ness premises to pre­vent leak­ages,” he said. He added the gov­ern­ment had re­tained the sub­sidy on the 1kg poly­bag pack­age to cater to the low-in­come group. “Those who find it hard to buy poly­bags and want to buy oil in bot­tles are wel­come to do so, but have to pay the mar­ket price,” he said.

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