Thursday, June 5, 2008

Oily Business

Due to current petrol and diesel subsidies became unbearable for the government to bear,the prices was increased from RM 1.91 to RM 2.70 for petrol while diesel was increased to RM 2.58 from RM 1.58.this means that daily product prices will increase up to RM 2.the obvious reasons are petrol and diesel price hike.seems that the inflation rate might raise as more demand from consumers will be received as there are less supply to meet the demands.reasons?high petrol/diesel price = high operational cost = high price.the domino effect will sweep through out the country.fellow citizens beware.watch your budget.

the next issue that might happen next is salary.hopefully at the very least new salary plans will rise.the current salary plan soon will be just sufficient or not enough to support daily cost of living.seems that the government try to tell the citizens to learn save their money and spend wisely.no better way to teach people the value of money.

anyways, i support the government's move.let's teach citizens out there hows life with less or no subsidies.later...

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