KUALA LUMPUR (June 9): In an about-turn, Putrajaya has decided to maintain the subsidies and price control mechanism for chicken and eggs, which it previously wanted to remove by July 1.
In a joint statement, the Ministry of Agriculture and Food Security and the Ministry of Domestic Trade and Cost of Living said that Prime Minister Datuk Seri Anwar Ibrahim had agreed on the ministries’ proposal to continue with the subsidies given.
The government has been talking about removing the subsidies for chicken and eggs in the last few months. Even as recently as Thursday (June 8), a parliamentary reply from the Ministry of Agriculture and Food Security stated that the government would be floating the prices of chicken and eggs from July 1 after the removal of subsidies by the end of this month.
Agriculture and Food Security Minister Datuk Seri Mohamad Sabu reportedly said that his ministry would implement soft landing mechanisms to ensure the stable supply of chicken and eggs after the removal of subsidies.
He also said that the Ministry of Domestic Trade and Cost of Living would evaluate and control prices of the items compared to their current retail ceiling prices.