KUALA LUMPUR: The fuel subsidy mechanism to be announced next month will be one that will make everyone happy.

Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob said the Government was now looking at views and proposals submitted by non-governmental organisations and the rakyat.

“The Government today is one that listens to the people’s views. We will consider whatever views we receive.

“What’s certain is that the announcement will make everyone happy,” he said after launching a consumerism competition jointly organised by Fomca and the ministry here yesterday.

The competition, which will run until June 18, is a run-up to the country’s month-long Consumer Rights Day celebrations in July.

“Whatever has been said is mere speculation,” he said in response to the Petrol Dealers Association of Malaysia’s concern that the new subsidy scheme, which will entail the use of MyKad for petrol purchases, could be troublesome for consumers and dealers.

“They are worrying over something that has yet to take place. Wait for the announcement,” he added.

Ismail Sabri said the Government has not discussed the mechanism with the association as it was still not certain about the details.

The new fuel mechanism scheme, expected to begin in May, will ensure that only targeted groups could buy subsidised fuel.

Asked whether fuel prices would be increased, he said: “We should bear in mind that we don’t determine the price of petrol, it depends on the global price.”

Earlier in his speech, Ismail Sabri said amendments would be made to the Consumer Protection Act 1999 to include a committee to monitor advertisements that were misleading to consumers.

The amendments would be tabled in Parliament next month, he said, adding that the draft had already been submitted to the Attorney-General’s office.