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30 January 2015

THE price of RON95 and diesel for February without subsidy should be set at RM1.62 and RM1.32 per litre says PKR

Price Of RON95 For February Should Be RM1.62 - Rafizi

Rafizi RamliRafizi RamliTHE price of RON95 and diesel for February without subsidy should be set at RM1.62 and RM1.32 per litre says PKR secretary-general Rafizi Ramli.
Writing on his Facbook page, Rafizi said these calculations were based on MOPS (Means of Platts Singapore) for Singapore Mogas 95 Unleaded and Gasoil standard, and also the currency exchange set by Bank Negara.
“Because the rakyat continue to pay higher than market price, Barisan Nasional received a windfall by collecting petrol tax without announcing it to the rakyat,” the Pandan MP stated.

Malaysians have been paying RM1.91 for Ron95 and RM1.93 for diesel for the month of January since the turn of the year. With that, they have unknowingly paid more than RM1 billion in taxes to the government over the past two months as pump prices remain on a controlled float.“For the month of January 2015, the rakyat paid RM307 million in petrol taxes for RON95 and RM209 million for diesel,” he added.

Rafizi demanded that the government eliminate the “hidden” tax imposed on pump purchases, which in turn should bring the unsubsidised price of RON95 to RM1.62 per litre and of diesel to RM1.65 per litre, based on the average pump price for the whole of January.

“This act of taxing the rakyat through the purchase of petrol and diesel at a time when the nation’s economy is getting worse shows the financial desperation of Datuk Seri Najib Razak’s administration,” Rafizi stressed further.

- mD

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