KUALA LUMPUR: On the eve of the crucial Kuala Terengganu by-elections, the DAP has openly asked Kuala Terengganu voters to support Pakatan Rakyat's RM50 billion economic stimulus package and for petrol prices at RM1.20 a litre.
DAP secretary-general Lim Guan Eng said today the Kuala Terengganu by-election on Saturday will be "a good indicator to gauge the people's support, especially from the Malays" to determine the national agenda.
Throwing support behind Pas candidate Abdul Wahid Endut, Lim said lower petrol prices was feasible as global crude prices have dropped below US$35 a barrel, similar to global prices on Oct 1, 2000 when Malaysian pump price was RM1.20 a litre.
Guan Eng makes an impassioned plea to support Pakatan's economic stimulus package.- Picture by Choo Choy May
"It is only fair that the government further reduce the price of petrol by 60 cents from the present RM 1.80 per litre to reflect the current market price," said Lim, who is also Penang chief minister.
He also called on the people to support the electoral pact's RM50 billion economic package "to save Malaysian jobs and businesses that Malaysians can see, touch and feel the difference".
The economic package, which Lim had announced before, includes a RM6,000 annual oil bonus for families earning less than RM 6,000 a month or RM 3,000 annual bonus to bachelors earning less than RM 3,000 a month which will only cost RM35 billion.
He also proposed a progressive reduction of corporate tax from the present 25 percent to 17 percent which will cost RM 13 billion, a daily revision of petrol pump prices linked to changes in global prices and immediate cuts in gas prices as well as electricity tariffs.
Lim also promised an additional RM 2 billion wireless project "so that as many Malaysians as possible can be connected to the Internet".
The Malaysian Insider
16/01/09
DAP secretary-general Lim Guan Eng said today the Kuala Terengganu by-election on Saturday will be "a good indicator to gauge the people's support, especially from the Malays" to determine the national agenda.
Throwing support behind Pas candidate Abdul Wahid Endut, Lim said lower petrol prices was feasible as global crude prices have dropped below US$35 a barrel, similar to global prices on Oct 1, 2000 when Malaysian pump price was RM1.20 a litre.
Guan Eng makes an impassioned plea to support Pakatan's economic stimulus package.- Picture by Choo Choy May
"It is only fair that the government further reduce the price of petrol by 60 cents from the present RM 1.80 per litre to reflect the current market price," said Lim, who is also Penang chief minister.
He also called on the people to support the electoral pact's RM50 billion economic package "to save Malaysian jobs and businesses that Malaysians can see, touch and feel the difference".
The economic package, which Lim had announced before, includes a RM6,000 annual oil bonus for families earning less than RM 6,000 a month or RM 3,000 annual bonus to bachelors earning less than RM 3,000 a month which will only cost RM35 billion.
He also proposed a progressive reduction of corporate tax from the present 25 percent to 17 percent which will cost RM 13 billion, a daily revision of petrol pump prices linked to changes in global prices and immediate cuts in gas prices as well as electricity tariffs.
Lim also promised an additional RM 2 billion wireless project "so that as many Malaysians as possible can be connected to the Internet".
The Malaysian Insider
16/01/09
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