Malaysia

Annuar Musa to chair special inflation taskforce: PM

Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz will sit on its committee

Updated 3 years ago · Published on 29 Jun 2022 11:12PM

Annuar Musa to chair special inflation taskforce: PM
Led by Communications and Multimedia Minister Tan Sri Annuar Musa, the taskforce dubbed ‘Pasukan Khas Jihad Tangani Inflasi’ (Battling Inflation Taskforce) aims to formulate strategies to resolve inflation-related issues by gathering information from relevant ministries and agencies. – The Vibes file pic, June 29, 2022

KUALA LUMPUR – The special inflation task force will be headed by Communications and Multimedia Minister Tan Sri Annuar Musa while Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz will be assigned as committee member, said Prime Minister Datuk Seri Ismail Sabri Yaakob.

In a statement today, Ismail said the taskforce, which will be parked under the Domestic Trade and Consumer Affairs Ministry, is expected to control the rising price of goods more efficiently and effectively.

The taskforce dubbed “Pasukan Khas Jihad Tangani Inflasi” (Battling Inflation Taskforce) aims to formulate strategies to resolve inflation-related issues by gathering information from relevant ministries and agencies.

“The taskforce was established because of challenges caused by the rising cost of living due to climate change and geopolitical uncertainties, including the Russia-Ukraine conflict,” he said in a statement today.

Noting that the ongoing war is expected to continue impacting the food and fuel market, he said that an officer from each ministry involved will be appointed as a focal point to provide immediate details to the taskforce.

He added that a press conference will be held after each of its meetings, scheduled to take place twice a week.

Besides Tengku Zafrul, other members of the taskforce include Agriculture and Food Industries Minister Datuk Seri Ronald Kiandee, Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi, Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed and Chief Secretary to the Government Tan Sri Mohd Zuki Ali.

Earlier today, the government announced that effective July 1, the new ceiling price for standard chicken will be raised from the current RM8.90/kg to RM9.40/kg for Peninsular Malaysia.

The cabinet also decided to set new ceiling prices for chicken eggs in Peninsular Malaysia – an increase of 2 sen for three categories – at 45 sen each for grade A, 43 sen for grade B and 41 sen for grade C.

Recently, Deputy Communications and Multimedia Minister Datuk Zahidi Zainul Abidin called on his fellow Umno Supreme Council members to remove Tengku Zafrul from his ministerial post over issues surrounding Digital Nasional Bhd (DNB).

Zahidi, whose ministry is overseeing the implementation of the country’s 5G roll-out under DNB, had previously urged the Malaysian Anti-Corruption Commission to initiate an investigation into the Finance Ministry-owned special purpose vehicle.

He alleged that there was a lack of transparency involving its financial dealings, including the supposed ballooning of the cost to build the telecommunications network system. – The Vibes, June 29, 2022

Related News

Malaysia / 1d

Future cooperation between PAS and Bersatu determined next Monday - Annuar Musa

Business / 3w

BMI sees BNM holding OPR at 2.75% in July, amid contained inflation

Malaysia / 1mth

Effects of global supply crisis expected to be felt in 1-2 months - Tengku Zafrul

Malaysia / 1mth

Low inflation helps Malaysia weather energy supply shock, says BNM governor

Malaysia / 1mth

Sarawak allocates RM876.2 million to help people cope with cost of living

Malaysia / 2mth

Global conflicts: PM urges people to be careful with their spending

Spotlight

Malaysia

Former head of a ministry's corporate communications unit acquitted of bribery charge

Malaysia

Two sisters die trapped in Johor house fire as escape routes cut off by flames

Malaysia

NS election speculation intensifies as Aminuddin granted audience with state ruler

Malaysia

Teenager who drove recklessly, causing death remanded for further investigation

Malaysia

Police looking for trio involved in violent armed robbery in Penang (video)

Malaysia

Family of five killed as car crashes into water pipe in Serian

Malaysia

'I was once spat on by a pakcik' — Marina denies fear of contesting Malay-majority seats

Malaysia

Jewellery shop among six premises destroyed in fire (video)

You may be interested

Malaysia

Accident that claimed 5 lives: Teenager suspected of reckless, dangerous driving remanded

Malaysia

Azam Baki denies threat allegations after giving statement to police

Malaysia

NS election speculation intensifies as Aminuddin granted audience with state ruler

Malaysia

Schoolteacher denies multiple counts of physical, digital sexual assault against 2 teens

Malaysia

Johor PRN: Onn Hafiz likely to be BN 'poster boy'

Malaysia

Tourist claims he was locked in car, threatened to pay RM300 from KLIA T2 to T1

By Alfian Z.M. Tahir

Malaysia

Shift in Bumi economy needed to drive ownership, AI innovation and industrial leadership

Malaysia

Johor PRN: PN contests 56 seats, 80 per cent seat distribution completed