PUTRAJAYA (Oct 9): The Ministry of Agriculture and Food Security is reviewing the subsidy for chicken eggs (grades A, B and C).
Minister Datuk Seri Mohamad Sabu, who is known at Mat Sabu, said the government is considering ending the egg subsidy to save RM100 million a month, which could be redirected to develop other critical aspects of the agro-food sector.
"A proposal has been submitted to the Ministry of Finance and the Ministry of Domestic Trade and Cost of Living," he told the media after the monthly assembly of his ministry here on Wednesday.
He said the country had spent more than RM3 billion since February 2022 in subsidies for chicken and chicken eggs.
The subsidy for chicken was terminated on Nov 1 last year, following which the supply and price of chicken became more stable.
"When we took the unpopular decision of ending the chicken subsidy, many people belittled our efforts, saying that the price of chicken would soar.
"Alhamdulillah, after the subsidy was terminated, the price of chicken no longer soared, and more importantly, the country benefited by saving RM100 million a month," the minister said.
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