Page 18 - PH Manifesto English

Promise 2: Reduce the pressures causing burdensome price

increases

Widespread price increases has become a major burden in the lives of

normal Malaysians. In 2017, the inflation rate was 4 percent, compared to
just 1 percent in 2015, before the GST was introduced. UMNO and Barisan

Nasional leaders are too busy enriching themselves such that they are so

detached from the realities of Malaysian lives. They proudly boast their
private jets and luxury cars, but the citizens are forced to pay higher prices

for daily goods and petrol.

Pakatan Harapan feels the pressures suffered by the people. We will take

immediate steps to stabilise the prices of essential items and to control the
factors that lead to price increases.

The Pakatan Harapan Government will ensure big companies cannot
monopolise the market. The monopolies enjoyed by companies like BERNAS

in rice production and distribution, ASTRO in broadcasting, and others, will

be re-examined thoroughly. We will also ensure the prices of medicine are
fair by enforcing fair competition.

The Pakatan Harapan Government will work proactively with suppliers to

ensure that the supply of goods is always sufficient, especially during

festivities. Adequate supply that matches demand will help prevent periodic
or sudden price surges.

Incentives will be provided so that the supply of daily essential items are
ensured and the pressure of price increases will be reduced.

The Pakatan Harapan Government will reduce excise duty on imported cars
below 1600 cc for the first car. This will enable the purchase of a first car at

a lower price. To avoid abuse, only one car will be allowed for every family

with household income below RM8,000 per month.

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