PUTRAJAYA: The government is still maintaining subsidies for cooking oil worth RM4bil, says Prime Ministeremporary subsidy programme for 1kg, 2kg, 3kg and 5kg bottled cooking oil, which was introduced during the Covid-19 pandemic, will be discontinued from July 1.
“The government has decided not to extend the subsidy for bottled cooking oil, as it does not meet the initial goal of the initiative, which was to help those affected by the pandemic. The government has spent RM4bil in subsidy for the cooking oil this year, compared to RM500mil in 2020 and RM2.2bil in 2021.
Each household of BKM recipients will receive RM100, meanwhile single individuals will receive RM50, he said. “Each BKM recipient will receive up to RM500 according to their respective BKM qualification categories.
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