Malaysia

Annuar Musa to chair special inflation taskforce: PM

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

Updated 4 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 / 5d

Former PM Ismail Sabri's charge deferred to Aug 27

Business / 1w

Traders keep watch on inflation data as energy prices fuel fresh concerns

Malaysia / 2mth

PAS to discuss position in PN with Gerakan, MIPP this week

Malaysia / 2mth

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

Business / 3mth

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

Malaysia / 3mth

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

Spotlight

Malaysia

Sarawak schools told to halt outdoor activities as haze pushes air quality into unhealthy range

World

Indonesia haze forces schools to close as wildfires intensify amid severe dry season

Malaysia

PN walkout over Tabung Haji debate a political misstep, says analyst

By Alfian Z.M. Tahir

Malaysia

51 witnesses to testify at inquest into death of 10-year-old boy found unconscious in school toilet

Malaysia

Female student arrested for allegedly hurting classmate with kerambit at school

World

Colombia quake death toll hits 111 as rescue teams race to find survivors

World

Trump secretly switched to third aircraft in Türkiye over Iran assassination threat

Malaysia

Anwar questions PN’s priorities after Tabung Haji RCI walkout

Malaysia

MACC, police probing TH after RCI findings as govt warns no one will be spared

By Alfian Z.M. Tahir

You may be interested

Malaysia

PN walkout over Tabung Haji debate a political misstep, says analyst

By Alfian Z.M. Tahir

Malaysia

Nine-year-old tahfiz pupil allegedly bullied, beaten by senior student

Malaysia

BN Melaka ready to discuss cooperation ahead of state polls

By Alfian Z.M. Tahir

Malaysia

Police investigate case of knife-wielding woman who damaged vehicle (video)

Malaysia

11 Sarawak areas hit with unhealthy air quality levels as haze worsens

Malaysia

Is reputation worth so much more than a person’s life?

Malaysia

International drug syndicate recruited Portuguese passport holders as ‘cannabis mules’

Malaysia

Kedah MB calls on NSC to assist relocation of residents from special security zone

By Ian McIntyre