Decision is aimed to ensure that the people are well prepared for the price changes once the price control period ends
by AUFA MARDHIAH / pic by TMR FILE
THE government has agreed to extend the ceiling price for chicken and eggs until June 30, says Domestic Trade and Consumer Affairs (KPDNHEP) Minister Datuk Seri Alexander Nanta Linggi.
The decision was made in a Cabinet meeting yesterday, which is aimed to ensure that the people are well prepared for the price changes once the price control period ends.
The ceiling price was initially implemented on Feb 5, 2022, and is supposed to end on June 5, 2022, with the maximum retail price of chicken and eggs for Peninsular Malaysia — chicken/kg is priced at; Standard Round Chicken RM8.90/kg, Super Round Chicken RM9.90/kg, while egg/seed is priced at; Grade A Chicken Eggs 43 sen/seed, Chicken Egg Grade B 41 sen/seed and Grade C Chicken Eggs 39 sen/seed.
Meanwhile, the Maximum Price of Chicken and Eggs for Langkawi, Sabah, Sarawak and Labuan varies by zone as announced by KPDNHEP previously.
“As a concerned government, the Finance Ministry will look into the proposal for subsidies to be given to target groups and those in the low-income bracket. The study will include the subsidy rate and the right mechanism to channel the aid to tackle the increase in prices when the maximum ceiling price scheme ends,” Nanta Linggi said in a statement today.
Prime Minister Datuk Seri Ismail Sabri Yaakob said on Wednesday that the government will no longer distribute subsidies to farmers from July 1.
He said that instead, the subsidy will be channelled directly to the people.
Meanwhile, Nanta Linggi also said the ministry’s enforcement officers will continue to increase enforcement daily throughout the country to ensure supply is always stable and no profiteering occurs in the market.
“The government reminds the business community to always be ethical in doing business. The government also wants to call on all consumers to use their purchasing power to buy according to need and spend prudently.
The implementation of this pricing will be effective if all parties can play their respective roles, including by channelling complaints and information to KPDNHEP if any parties violate the law,” he added.