Wednesday, April 09, 2008

Hun Sen's gov't did not do enough yet, price of goods still high

Commodities Prices Still High, Despite Anti-inflation Protest

8th April 2008
By Kim Pov Sottan
Radio Free Asia

Translated from Khmer by Khmerization
On the web at http://khmerization.blogspot.com/


Up until today there is no response from the government to opposition leader’s demand, who, a few days ago, led an anti-inflation protest to ask the government to take measures to lower the prices of goods, which have skyrocketed in the last few days.

The opposition leader, who is a former finance minister, Mr. Sam Rainsy, has blasted the government for not taking any measures to curb the price rises due to fear that any measures (to curb the rises) might affect their own interests. As a result they allowed the commodities prices to rise higher than the prices in other countries.

Mr Sam Rainsy said: “That’s why they did not want to lower the taxes, as demanded by us. We demanded that they stop imposing taxes, but they did not stop and instead they taxed more because it benefited them personally. And they provide exclusive rights of monopoly only to their cronies. They never take any actions on important issues or they just take actions lightly.”

Last Sunday, Mr. Sam Rainsy had led a peaceful protest with the participation of about 300 people to demonstrate against the high commodities prices, in particular the petrol price.

In the protest, he had set out three points for the government to tackle the commodities prices, such as cutting petrol excise and reducing the profit margins by the petrol distributing companies. Secondly, end the monopoly of any rogue traders who have continually increased the prices of goods at their own will regardless. Thirdly, properly manage the economy by stabilising the currency. Fourthly, control the printing of money and fifthly, reform land systems- that is to distribute lands to the citizens who have no land to farm.

All of Mr Sam Rainsy’s demands have been rejected by the government spokesman, who accused Mr. Sam Rainsy of raising the issues as an election campaign to win votes in the upcoming election.

Mr Khieu Kanharith, the government spokesman, claimed that the government had subsidised the fuel, had not raised any taxes, had banned the exports of rice and had resolved many land disputes, as have been seen recently.

Mr Kanharith said: “The government continues to lose taxes and for a long, long time the government dares not increase any taxes. We impose taxes in term of the weight of goods, not on the quantity of the imports. He knew what was happening around the world. The prices of rice have risen around the world so the farmers are very happy about that. So what the government needs to do is to increase the salary of the workers, imports meat, bans rice exports for 2-3 months in order to bring down the prices of rice.”

It must be noted that the World Bank’s report of late 2007 stressed that the prices of foods in Cambodia had increased by 20% and the prices of petrol had increased by 12%.

As of today, the prices of rice are stable and dropped slightly after the government took emergency actions (to curb the price rises), but the price of petrol had increased to 5,000 riels per litre (~US$1.25/litre) and there is no sign of it coming down any time soon.

13 comments:

Anonymous said...

Yes, that is right, the khmer's government must always protect Khmer's interest.

Anonymous said...

Thach Em
The Hun Xen cabinet is full of the human leeches. They are the leeches of our society, sucking our beloved people's blood. These human leeches will never drop themselves off even if their safes are full of bloody money. This kind of leeches should be one day be caught and streched with stiks piercing through them under the hot sun. These human leeches have no sympathy whatsoever for our people.

Anonymous said...

Good, Ah Khmer-Yuon deserves nothing less for their crime against Indochinese.

Anonymous said...

Come on get off it, Khmerization. You have no clue. Read the Phnom Penh Post. Food prices have increased everywhere, see Thailand, Vietnam, China.

Anonymous said...

Hey you Viet troller/pimp/parasite/plunderer @12:40 AM, and @12:42 AM

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You Viet troller/intruder pretend to be Cambodian/Khmer speaking up for Cambodian/Khmer and giving Cambodian/Khmer a bad name.

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Now, you Viet trash/troller/intruder/parasite call that a debate?

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Let's see you Viet pimp/parasite's tail between your legs and run on home out of KI-Media now!

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Go home Viet, go home!

Anonymous said...

YES, that is right folks, There are food prices increased everywhere as well as the price of gas in the world.

But the main problem is how each government of the country will do enough to relief suffering. How people of each nation are able to absorb the impact?.

Cambodians may be suffering a lot more than other nations. Because they are poorest among the poors. And they are living with virtually no any kind of social support. God bless them!!!

Anonymous said...

The measures proposed by sam rainsy to fight against the rise in the cost of living are not valid.

Because sam rainsy who is always so bad in economy as in politics made a bad diagnosis of the economic problem.

Sam Rainsy proposes measures to fight punctually against the inflation which is the result of the economic overheating while the rise in prices of basic raw materials is the consequence of the world financial crisis, the speculation and the fall of American's dollars.

The effective solutions of this economic problem must be taken in dialogue and in coordination with all the countries concerned by the region ( asean ) to adopt a collective answer or solution.

The government of samdech Hun Sen can propose an initiative in this direction with his partners of the asean.

Anonymous said...

The measures proposed by sam rainsy to fight against the rise in the cost of living are worthless because unsuitable for the economic problem which is formulate.

Anonymous said...

Sam Rainsy is currently doing something right and these Youn cyber cover agents is trying to discredit him of all his hard works.

Just go home Youn. Go back to you mountain in Hanoi.

Anonymous said...

the price of petrol had increased to 5,000 riels per litre (~US$1.25/litre)

Can assure that the price of gasoline would not come down any cheaper if the price of crude is still trading at 112US/barrel at the New York stock exchange and the OPEC will not lift their production at this stage.

The best thing the government can do is to low tarrif

Anonymous said...

Economic problems in Cambodia today might be related to problems in other place but it's how each govt. respond to the problems. The Hun Sen govt. has not done enough to quelch the nervousness. Commodities prices in Cambodia had risen faster and higher than in neighboring countries. Yes, crude oil prices are high on world market but how can Hun Sen justify the fact that petrol prices in Cambodia are much higher than in Thailand, Laos and Vietnam? It's because of higher profit margins and profiteering by Cambodian oil companies and high petrol excise imposed by the govt. In other countries food prices increased by10-18% but in Cambodia it increased much higher in just a few weeks time. Beside controlling the prices of rice, Hun Sen did nothing for other prices of goods.

Anonymous said...

Well, that is because other price of good is not staple, get it?

Anonymous said...

Do not lower the gasoline's price present several interests.

To avoid that there is fewer pollution, the gasoline expensively incites people to use bicycles and fewer motorcycles and cars thus less pollution for the country, especially in Phnom Penh.