**Two-Tiered RON95 Pricing System: Rafizi's Plan**

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Post on Oct 21, 2024

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Two-Tiered RON95 Pricing System: Rafizi's Plan Explained

Let's face it, fuel prices are a major pain point for most Malaysians. We've all felt the pinch at the pump, especially when prices go up. That's why Rafizi Ramli's proposed two-tiered RON95 pricing system has been getting a lot of attention.

The idea is simple: Two prices for RON95, depending on whether you're a car owner or a business. The current retail price would stay the same for ordinary folks, but businesses would pay a higher rate. Rafizi believes this would help reduce the government's subsidy burden and ensure more fair fuel pricing for everyone.

How Would It Work?

Imagine this: You're driving your trusty Proton Saga to work, and you fill up your tank at the usual RON95 price. No change there. But if you own a trucking company, you'd pay a slightly higher price for the fuel used in your lorries.

Rafizi argues this would be a win-win. Businesses would still have access to affordable RON95, but the extra revenue generated from the higher price could be used to reduce the government's subsidy costs. This means more money could be allocated to other important things like healthcare and education.

It's not a perfect solution, of course. Critics argue that the higher price for businesses could lead to higher costs for consumers, as these costs are often passed on. Others worry about the potential for price manipulation, as businesses might try to skirt the system by claiming they're just regular car owners.

What's the Bottom Line?

The two-tiered RON95 pricing system is still just a proposal. It's important to weigh the potential benefits and drawbacks before implementing such a major policy change. This is a complex issue with no easy answers, but it's something we need to discuss openly and frankly.

Ultimately, the goal should be to ensure that everyone has access to affordable fuel, while also ensuring the long-term sustainability of our economy. Let's see how this plan unfolds, and whether it can truly address the fuel price conundrum.