Dr M: Restructuring Of Oil Subsidy Based On Income Difficult To Implement

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BANGI, Nov 10 – The restructuring of oil subsidy based on income is seen as something which is hard to implement effectively. Former Prime Minister Tun Dr Mahathir Mohamad said it was difficult because certain people might have extra income, but chose not to declare it to the government besides feeling uncomfortable in disclosing their salaries to others.

“What is possible is for all parties to pay fuel at full price and later, based on legit receipts, put in a subsidy claim at the end of the month. “Malaysians clearly have identification cards which make it easier to identify them. Meanwhile those who are not Malaysians will have to pay the full price. I think this method is better.”

Tun Dr Mahathir said this to reporters at a press conference after delivering the keynote address and officiating the International Conference on Social Sciences and Humanities 2014 at Universiti Kebangsaan Malaysia in Bangi today. He added the government in reducing subsidies should do so without burdening the low income group. He added it was up to the government to make this call as it had the power to do so. “However, if the decision is not liked by the rakyat, the ruling government can lose in the next general election.

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