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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Proposed stabilisation fund to manage fuel cost

Posted on 01 June 2009

From Thestar.com.my: The Energy Commission has proposed the setting up of a stabilisation fund to support the fuel pass-through mechanism and manage fuel cost volatility more effectively, says chairman Datuk Pian Sukro.

“An automatic pass-through mechanism is not viable as consumers would be caught when prices are high. The fund helps insulate consumers from the volatility of fuel costs and acts as a buffer when there’s high fluctuations,” he told StarBiz in an interview…….Full Article: Source


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