Sunday, June 22, 2008

Cash rebate up to 3,000cc for Sabah, Sarawak

Cash rebate up to 3,000cc for Sabah, Sarawak

KUALA LUMPUR, June 22 — The Government has decided to extend petrol and diesel subsidy cash rebate to owners of private vehicles up to 3,000cc in the interior areas of Sabah and Sarawak where such vehicles are widely used for transport, Datuk Seri Abdullah Ahmad Badawi announced today.

The prime minister said this was to ease the financial expenditure of four-wheel-drive vehicle owners following the hike in petrol and diesel prices.

"It has been decided to give the same rebate for vehicles of up to 3000cc in Sabah and Sarawak registered to transport goods in the interior areas, he said.

Similarly, in the peninsula, the government would continue to provide appropriate assistance and facilities to boat and ferry operators to lighten their burden, he told reporters after a special briefing on fuel subsidy restructuring for Barisan Nasional (BN) members of parliament and senators.

The government has allocated RM5 billion for the rebate payout to private vehicle owners who will receive RM625 a year for vehicles with a engine capacity of up to 2000cc and pick-up trucks and jeeps of up to 2,500cc.

Owners of motorcycles with engine capacity of up to 250cc are being paid RM150 for a year after they renew the road tax.

As of Friday, Pos Malaysia Berhad had disbursed RM437.23 million in cash rebate to eligible private vehicle owners who accounted for 56 per cent of vehicle owners.

Abdullah also said the government had decided to reject the proposed 100 per cent salary increase for senior officials of government-linked companies (GLCs) including for Tenaga Nasional Bhd chief executive officer Datuk Seri Che Khalib Mohamad Noh.

"The GLCs submitted a proposal for a 100 per cent salary rise but was not approved by the Finance Ministry," added Abdullah who is also Finance Minister. — Bernama

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