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Rafizi: Ron 95 may hit RM2.20, gov't should reconsider petrol subsidies

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PKR vice-president Rafizi Ramli is expecting the price for RON95 petrol to increase to RM2.20 per litre in January 2017 as global crude oil prices have suddenly soared 18 percent since November.
Based on this, the Pandan MP urged the government to set aside whatever extra income that they get from the unexpected revenue from the increase in crude oil price and make sure that it is returned back cent for cent in the form of fuel subsidy to help the people.
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