UMNO and gas prices
UMNO has decided to postpone its December leadership election until March. Described as a “cooling period”, the move seems likely to provide stability though next March. The government has also decided to cut gasoline prices for the second time, since raising them earlier this year:
‘In the last month global oil prices have been fluctuating but on an average it is lower than the previous price average (in Aug),’ Mr Abdullah said in a statement.
‘The government is aware that many will be travelling back to their home towns for the festive season from this weekend,’ ‘(We) hope that this price reduction will alleviate the people’s burden, especially while celebrating Eid al-Fitr,’ he said.
This too, seems likely to promote Badawi’s stability. A smart move to take away one of the recommendations that have been made by Anwar.
