Look out, the circus has come to town … and the clowns have come marching in.
First, we have the prime minister who promised that the fuel price will not change for the year. Next, we have the minister of domestic trade and consumers affairs who said the fuel price will not increase before August. Then we have the minister of international trade and industry who announced that one of the measures to ease the burden of transportation cost is to have larger trucks on the road.
The Bank Negara governor must be vying for the ‘iron will’ title when she was steadfast in not budging from the 3.5% interest rate, despite all indicators showing rising inflation and superb growth of 7.1% during the first quarter Gross Domestic Product (GDP).