Cabinet to meet Monday on living cost, food supply issues

The weekly Cabinet meeting will be brought forward to tomorrow (May 23) to discuss cost of living and food supply issues, said Prime Minister Datuk Seri Ismail Sabri Yaakob.

He said the Domestic Trade and Consumer Affairs Ministry (KPDNHEP) and Agriculture and Food Industries Ministry (MAFI) would brief the Cabinet on these issues, including short- and long-term plans to overcome these problems.

Read more: Malaysia entering a serious food security ‘conundrum’

“So, on Monday I’m calling a Cabinet meeting to specifically look into how we can balance this sudden increase in food prices; I’ve asked KPDNHEP to present (a report).

“The same for food (issue); MAFI needs to report on the supply of food including chicken,” he told a press conference after opening the Symposium on Internationalisation of Bahasa Melayu at Dewan Bahasa dan Pustaka (DBP) here today.

Ismail Sabri said the anticipated increase in cost of living is a global phenomenon due to, among others, the Russia-Ukraine conflict and COVID-19 pandemic which have affected food production and supply.

The prime minister also said apart from the approved permit (AP) for food imports, the government is also studying the possibility of abolishing other types of AP to ease the pressure arising from shortages of other goods.

Read more: Only 4 types of food not subjected to AP

“We hope that by abolishing APs we can at least reduce the pressure faced in terms of supply of goods, and maybe many quarters concerned can reduce prices. But we need to wait to see its effects,” he added.

On Wednesday, Ismail Sabri said the government had decided to abolish the AP for food imports with immediate effect. –BERNAMA