You would have read by now that the anti-inflation committee will be deciding on how best to reduce the leakage on fuel subsidies on Tuesday.
Guess they have plenty of work on their hands as your fried kueh-tiao went up from RM3.00 to RM3.50 during the past 3 months.
You can read the article in malaysiakini here.
There are a few letters in the MSM about the fuel ban, mostly from those who will be affected.
There is one letter I wish to highlight, from the Education and Research Association for Consumers Malaysia Petaling Jaya.
He/she proposes that vehicles be banned from leaving Malaysia with more than a quarter-tank of fuel!
While the idea is interesting, it needs to be tweaked a bit more. We all know that Singapore already has the 3/4 tank ruling so Singapore vehicles may fill up with perhaps RM40 for a day trip. The government has not provided any figures on the border traffic for Thailand and Singapore and the petrol sales so it is not possible to compare the "loss" at the borders.
I suggest this 3/4 tank rule can be imposed within a week at the Thai border and all foreign vehicles entering must have 3/4 tank on entering Malaysia. The Customs can install a fuel tank at the check-point where all those who fail inspection will be topped up at prices double that of the prices sold in Malaysia.
This will provide more breathing space for the authorities to come up with a better plan for reducing the fuel subsidies.