By Ruben Sario and Meera Vijayan
KOTA KINABALU: The Government is looking at adopting a system whereby motorists can buy a fixed amount of subsidised fuel each month and pay for the rest at market rate.
Second Finance Minister Tan Sri Nor Mohamed Yakcop said the system includes providing Malaysian motorists with a special card for buying subsidised fuel.
“We are still looking into this system as certain infrastructure would be required for the subsidised fuel cards to be used,” he said, adding that the RM625 cash rebate for motorists was the best and fastest approach the Government could take to cushion the recent 41% hike in fuel prices.
Touching on the same subject, Domestic Trade and Consumer Affairs Minister Datuk Shahrir Samad said the fuel subsidy rebate system would be fine-tuned for the convenience of the people.
He said that various options were being studied, including the possibility of using a fleet card system.
“For example, under the fleet card, you would get your rebate at the petrol pumps as and when you purchase your fuel instead of having to queue up at post offices,” he said.
[More at http://thestar.com.my/news/story.asp?file=/2008/6/16/nation/21562612&sec=nation]
Monday, June 16, 2008
Fuel card plan to improve subsidy rebate system - The Star
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1 comment:
With fuel cards, not only you get to refuel with quality diesel at discounted price, transaction is also a lot easier and convenient for the patrons and the gas station.
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