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 / 4d

Strong growth, controlled inflation push OPR to remain at 2.75%

Malaysia / 1w

Higher BUDI fuel quotas may help ease inflation, economist says

Malaysia / 1w

PM: Billions spent, but more needs to be done to ease cost-of-living pressures

Malaysia / 2w

Ismail Sabri charged over assets declaration, pleads not guilty

Malaysia / 1mth

Former PM Ismail Sabri's charge deferred to Aug 27

Business / 1mth

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

Spotlight

Malaysia

Wanita UMNO: Najib’s contributions must not be erased, says Noraini

Malaysia

Guan Eng hands recommendations to PM to boost unity, integrity between West, East Malaysia.

By Ian McIntyre

World

Five dead, 87 missing after ferry fire off Palawan

Malaysia

Anwar surprised by Najib's new pardon attempt

Malaysia

Lawyer denies Abdul Azeez chose to appear in lock-up uniform, handcuffs

Malaysia

Flying Doctor Service to continue despite fatal Sarawak crash

Opinion

“I’m not a war criminal, I’m a patriot”: Shavendra Silva’s amnesia tour meets the receipts

By Abbi Kanthasamy

Malaysia

British management on trial – does a royal management institute deliver value?

Malaysia

Nearly 10,000 potential fire hotspots detected on RSPO-managed land

You may be interested

Malaysia

PH says rule of law must prevail in high-profile corruption cases

By Alfian Z.M. Tahir

Malaysia

PPIM calls for asset seizures, harsher penalties for scam syndicates

Malaysia

Abdul Azeez claims trial over RM193.5m Tabung Haji investment

Malaysia

UMNO warns Malay unity must not alienate non-Malays, Sabah and Sarawak

Malaysia

Guan Eng hands recommendations to PM to boost unity, integrity between West, East Malaysia.

By Ian McIntyre

Malaysia

Melaka BN to begin formal political talks only after State Assembly dissolution

Malaysia

CEO claims trial over cheating involving shipping daily charter rates

Malaysia

PDRM seeks dedicated ministry to strengthen force