Malaysia

Govt looking into ways to address rising prices of goods, will not let people suffer: PM

To focus on short, medium, long-term actions to ensure rakyat not burdened, says Datuk Seri Ismail Sabri Yaakob

Updated 4 years ago · Published on 03 Jul 2022 3:55PM

Govt looking into ways to address rising prices of goods, will not let people suffer: PM
Prime Minister Datuk Seri Ismail Sabri Yaakob says the government will continue to focus on programmes and initiatives that bring prosperity and benefits to Keluarga Malaysia. – SYEDA IMRAN/The Vibes pic, July 3, 2022

PASIR SALAK – The government will look into ways and means to address the rising prices of goods and will not let the people suffer, said Prime Minister Datuk Seri Ismail Sabri Yaakob.

“Under the previous government, the people struggled, but we (the current government) are looking for ways so that the people are not burdened. Never in history, did we give subsidies so that prices would not rise.

“The government provides subsidies of RM77.7 billion, namely for chicken, fuel, electricity, eggs, cooking oil and water. We take short, medium and long-term actions to ensure the people are not burdened with the increase,” he said when closing the Perak Jelajah Aspirasi Keluarga Malaysia (Malaysian Family Aspiration Tour) at the Datuk Sagor Circuit, in Kg Gajah, here.

According to Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz, the government’s projected expenditure of RM77.3 billion for consumption subsidies in 2022 so far is the highest subsidy in history ever borne by any government.

The projected consumption subsidies cover petrol, diesel, liquefied petroleum gas (RM37.3 billion), cooking oil (RM4 billion), flour, and electricity to reduce the cost of living of the people, as well as bills subsidies (RM9.7 billion), excluding other welfare assistance.

Ismail Sabri said the present government is a government that will provide assistance, either in terms of material or support, in nurturing the spirit of unity, finding common ground in diversity.

“The government will continue to consistently focus on programmes and initiatives that bring prosperity and benefits to Keluarga Malaysia. This is done to ensure that no one is left behind or no one will be left behind,” he said.

Ismail Sabri also hit out at some parties for accusing the government of not doing anything and not taking any action on the issue of the rising cost of living.

“The government is aware that the price of many goods has increased. I did a random survey at business premises, supermarkets and so on to see for myself the phenomenon of the rising prices of goods,” he said.

On Perak’s development and progress, Ismail Sabri said he is satisfied and happy because various programmes have been and will be planned to be implemented.

“I am happy when the state government strengthens its tourism industry by branding Pangkor as a nautical marine tourism destination through the Pangkor International Marine Tourism Conference 2022.

“Apart from that, there are 93 new and extension projects for the development of schools and educational institutions in Perak,” he added.

Ismail Sabri said the Human Resources Ministry, through the Social Security Organisation, is currently developing the National Neuro Robotics and Cybernetics Rehabilitation Centre in Bandar Meru Raya.

It involves a cost of RM654 million, making Perak the only state to offer this robotics facility, he added.

Meanwhile, under the National Rehabilitation Plan, he said, the Northern Corridor Implementation Authority also implemented several programmes in Perak, which offered 56,642 job opportunities, while the Rural Development Ministry had allocated RM1.77 billion to ensure the comfort and well-being of the rural population in the state. – Bernama, July 3, 2022

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