Govt considers cash transfers to help M’sians affected by floating chicken, egg prices, says PM

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KUALA LUMPUR: To address concerns of price increases following the lifting of temporary price controls on chicken and eggs, Putrajaya is considering aiding affected Malaysians via cash transfers, says Datuk Seri Anwar Ibrahim.

Anwar said the cash transfer proposal was a good suggestion, but the aid cannot be given to all Malaysians and companies.Meanwhile, Anwar also said the government has a policy to help those who are vulnerable and the principle behind subsidies is centred on welfare aid. Anwar said the government could increase allocations for the Sumbangan Tunai Rahmah to aid Malaysians affected by the price increases.“That is why in November and next year, I increased STR allocations from RM8bil to RM10bil, taking into account the challenges faced by the people.He added that among the reasons why companies don’t want to invest in chicken and eggs was due to the price control mechanism previously.

 

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