Tuesday, June 10, 2008


Cash rebates from sat
Abdullah brings forward payment to ease people’s burden with fuel prices hike


The Government has announced that cash rebates payment to qualified private car owners, previously scheduled for July 1, has been brought forward to this Saturday to lighten the burden of the people following the massive increase in the prices of fuel. Prime Minister Datuk Seri Abdullah Ahmad Badawi said car owners who had renewed their road tax in April and May this year would also be able to get their payments at the Post Office on that day. The detailed information on the matter would be disclosed soon, he told reporters after chairing the first meeting of the Anti-Inflation Committee at his office here yesterday. Owners of cars up to 2,000cc, as well as pick-up trucks and jeeps up to 2,500cc, will get RM625 for each vehicle while motorcyclists with vehicles up to 250cc will receive RM150 each. Abdullah said to further ease the burden arising from the fuel prices hike, the fleet card quota, which enabled public transportation companies to buy diesel at a subsidised price, would also be increased. “Public transports which have fleet cards facility will still be able to buy diesel at the old price of RM1.43 per litre. “To ensure that public transportation fares are maintained, the Government decided that the diesel quota, which can be bought with the fleet card facility, will be increased,” he said. The types of vehicles qualified for the fleet card facility would also be expanded to cover factory buses, and taxis which are powered by petrol he said. The fleet card quota would be determined by the Domestic Trade and Consumer Affairs Ministry, he added. The price of petrol shot to US$138 per barrel in the global market, forcing the Government to restructure the fuel subsidy. The retail price of petrol is now at RM2.70, up by 78 sen effective last Thursday. - Bernama