The Domestic Trade, Co-operative and Consumerism Minister announced officially yesterday that the tiered fuel plan has been scrapped for the time being and there is not price increase for fuel at the moment though from his words one could tell that it's inevitable.
This plan, right from the start all of us know it wouldn't be workable logistically. Either the government continues to subsidize, perhaps at a lower rate or do away with it altogether. There may not be a price increase for the moment but I wouldn't be surprised to wake up one morning to find out that fuel subsidy is gone. It's kind of illogical to know that a gas producing country cannot subsidize its country's own usage.
All these uncertainties make me continue to wonder if I really should buy a car, though just a used one. Even if I do buy, it will be one will a small capacity, maybe around 1000 - 1300 cc just in case tiered fuel subsidy is implemented sometime in the future.
This plan, right from the start all of us know it wouldn't be workable logistically. Either the government continues to subsidize, perhaps at a lower rate or do away with it altogether. There may not be a price increase for the moment but I wouldn't be surprised to wake up one morning to find out that fuel subsidy is gone. It's kind of illogical to know that a gas producing country cannot subsidize its country's own usage.
All these uncertainties make me continue to wonder if I really should buy a car, though just a used one. Even if I do buy, it will be one will a small capacity, maybe around 1000 - 1300 cc just in case tiered fuel subsidy is implemented sometime in the future.
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