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External Factors Also Cause Of Rising Cost Of Living

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KUALA LUMPUR – The current challenging economic conditions in the country that have raised the people’s cost of living are not caused by internal factors alone but also driven by external factors, said Minister in the Prime Minister’s Department Datuk Abdul Rahman Dahlan.

He said subsidy rationalisation was inevitable given the sharp decline in national revenue due to the fall in oil prices in the world market.

“The fall in oil prices has nothing to do with the government, it is an external factor beyond the control of the government … nevertheless the government has taken many measures of intervention,” he said in a post on his Twitter account today. – BERNAMA

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