Mar 15 2022, 08:42 AM
QUOTE(EnergyAnalyst @ Mar 15 2022, 07:49 AM)
https://www.theedgemarkets.com/article/cove...ts-implications
Perhaps removal of fuel subsidy even played gradually will be the pivot point that will push things in the direction
You will probably see your average grocery and food spending sky rocket then. At least 30% increase and price is sticky upwards. Even later when fuel prices go down, consumer prices won't.Perhaps removal of fuel subsidy even played gradually will be the pivot point that will push things in the direction
We will have a runaway inflation and high poverty rakyat
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