PETALING JAYA: The temporary price control on eggs and chicken will be lifted to allow the local market to function freely and ensure enough supply, says Prime Minister Datuk Seri Anwar Ibrahim. “Now that the prices of chicken and eggs are starting to stabilise, the government is considering floating them based on prices that are lower than the government’s float price. “Since February last year, the issue of eggs and chicken subsidies, which were usually introduced during the festive seasons, has continued to be borne by the government. Federation of Malaysian Consumers Associations (Fomca) deputy president Datuk Dr Paul Selva Raj, when contacted, said that the lifting of these price controls for chicken and eggs should only be done when there is sufficient supply in the market. Prof Dr Anjas Asmara @ Ab Hadi Samsudin from Universiti Putra Malaysia’s Faculty of Agriculture said it was time that the government lifted the temporary price controls for chicken and eggs.
Source: The Star October 14, 2023 23:17 UTC