The Federation of Malaysian Consumers Associations has urged the government to implement a more flexible or targeted price control system to ensure the needy continue to receive assistance.
Its CEO Saravanan Thambirajah said the removal of subsidies must be done such that it does not adversely affect consumers in the lower income groups.
Calls Grow for Targeted Price Controls Amid Egg Subsidy Review
On Wednesday, Agriculture and Food Security Minister Datuk Seri Mohamad Sabu announced that the government will review the subsidies for chicken eggs in grades A, B and C if supply becomes stable and recovers from the current shortage.
He said the decision to end the egg subsidy is being considered based on the success of ending the chicken subsidy which saved RM100 million a month and allowed the sum to be used to develop more critical areas of the agro-food sector.
Last year, the government allocated RM927 million for chicken egg subsidies, while in June Prime Minister Datuk Seri Anwar Ibrahim announced a three sen reduction in the retail price of grades A, B and C chicken eggs nationwide.
Follow us on:
Read More News at #latestmalaysia #BusinessNews and #WorldFuture


