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"You don't have to swim faster than the shark, just faster than the guy next to you." - Anonymous
Sunday, January 13, 2008
Malaysia
"To overcome the problem a meeting to discuss the issue decided to sharply increase the quota for the production of…damn that Khairy I can’t read his writing… substitute…err…prostitute…no, subsidise cooking oil with immediate effect," he was quoted as saying.
Domestic Trade and Consumer Affairs Minister Datuk Shafie Apdal blamed the crisis on smugglers who cash in on subsidised Malaysian oil by moving it to neighbouring countries.
Abdullah said about 800 million ringgit (US$244 million) was spent annually on the cooking oil subsidy.
The shortage of cooking oil was also caused by strong demand following recent religious celebrations he said.
Abdullah said he expected the shortage to be resolved in the next few days, adding that there would not be any price hike.