No fuel, gas price hike for now, says Ismail Sabri

Ismail Sabri, however, refused to specify how long the government would maintain current prices. — Reuters file pic

PUTRAJAYA, May 25 — The government will not increase the price of RON95 petrol, diesel and liquefied petroleum gas (LPG) for now, Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob said today.

Ismail Sabri, however, refused to specify how long the government would maintain current prices.

“This decision was made because the government is concerned for the people’s welfare,” Ismail Sabri told reporters today.

“But at the same time, the government will continue studying subsidy rationalisation as a whole following the increase of fuel and gas prices in the global market,” he added.

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