OIL PRICES: INFLATION PRESSURE
Malaysia is experiencing tremendous political, economic and social pressures due to rising global oil prices.
The rising energy and food prices will drive political instability and throw more people into the valley of poverty.
The Opposition parties are exploiting this global issue!. Government and the people are particularly vulnerable to high oil prices and carrying the economic burden and protecting the interest and welfare of fellow Malaysian.
We as energy driven economic are importing the energy commodities as main input to country development.
In ease the impact, government must increase subsidies, managed it well and to cut the development spending.
Educate the citizen” We must ready and to accept that the energy economic are related to our life style!”.
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