Are your salary increament able to cover the hiking in petrol price in near future?

Do you know that how much that Malaysia spend in petroleum subsidy average each year? RM15 billion spend on natural gas & diesel subsidy. While another 15 billion is used to subsidy car petrol. A grand total of RM30 billion has been spent. At present, our country is the second largest exporter of petroleum in South East Asia, where produce 600,000 bin and consume 500,000 bin every single day. With the 6% of yearly increment in petroleum consumption, Malaysia will become net importer in 2010. Since 2000, petrol price has been increased gradually a total of 10 times with the average of 8.32% annually. Thus, do your yearly salary increment beat this 8.32%? Think about it, this is the expense most of us can't avoid.

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