KUALA LUMPUR (AFP) — Malaysia's government faced demonstrations and public outrage Thursday over its decision to hike petrol prices 40 percent overnight, in a bid to curb its massive subsidies bill.
Opposition groups said they would hold protests in Kuala Lumpur at 11.30am (0330 GMT) and in the northern city of Ipoh at 11.00am over the "unconscionable" increase.
"The fuel increase is both economically inefficient and socially unjust," said Lim Guan Eng, secretary-general of the Democratic Action Party which is part of the opposition alliance.
"So long as rich companies continue to enjoy such fuel subsidies, especially the independent power producers, the fuel increase will be seen as both pro-rich and punishing the poor," he said in a statement.
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