THERE have been no discussions on any price hike for petrol and diesel yet said Communications Minister Fahmi Fadzil.
The unity government’s spokesman dismissed international media reports which claimed the government had decided to announce a price hike for petrol and diesel.
"The matter was not even discussed in Cabinet.
"We are aware that several foreign-based media have reported a price hike. I hope they can obtain information from credible sources and not pre-empt such things,” he said as reported by Bernama.
Fahmi also reminded all media not to publish reports based on sources that have not been verified or identified.
He said hoped the media, the Madani community and the government can work together to ensure information that reach the people is authentic, reliable and true.
Yesterday, foreign media reports said that Malaysia is set to cut fuel subsidies by June, a major economic reform that will be a key test of support for the Pakatan Harapan-led unity government as the public grapples with high living costs.
The media report, quoting official and industry sources, said that diesel prices will float to market rates in a matter of weeks after the Kuala Kubu Baharu by-election on May 11, and it will be followed by a staggered rise in retail rates of petrol. - The Vibes, May 4, 2024.