Price controls for eggs, chicken will be lifted to ensure sufficient supply

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Price controls for eggs, chicken will be lifted to ensure sufficient supply
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KUALA LUMPUR: The temporary price controls for eggs and chicken will be lifted so that the local market can function freely in ensuring a sufficient s...

: The temporary price controls for eggs and chicken will be lifted so that the local market can function freely in ensuring a sufficient supply of these food items in the market.

“Since February 2022, the issue of eggs and chicken subsidies which were usually introduced during the festive seasons, has continued being borne by the government that as much as RM3.8 billion was spent for the subsidies including by the wealthy and foreigners. Anwar added that the government had also agreed to continue giving electricity bill rebates of up to RM40 per month to hardcore poor households with an allocation of RM55 million, in addition to the exemption of electricity bill account deposit payments in one’s own name.

He said that this is because according to user data, the sale of subsidised diesel has increased by up to 40 per cent since 2019, while the number of vehicles using diesel has only increased by less than three per cent, which means that there is a possibility of serious smuggling activities due to Malaysia’s cheap diesel prices.

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