Malaysia

2022 finish line for cooking oil subsidy study: Nanta

Trade minister says research will cover effectiveness of existing programme, implementation mechanism, among others

Updated 4 years ago · Published on 17 Nov 2021 2:51PM

2022 finish line for cooking oil subsidy study: Nanta
The study on the main subsidy programmes of the Domestic Trade and Consumer Affairs Ministry, including the cooking oil price stabilisation scheme, general-purpose wheat flour subsidy, essential goods distribution, and price standardisation for Sabah, Sarawak and Labuan. – Bernama pic, November 17, 2021

KUALA LUMPUR – A study, which aims to ensure a cooking oil subsidy can be optimised and ascertain that its distribution reaches the target group, is expected to be completed next year, the Dewan Rakyat was told today.

Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi said the study, which began last October, is assessing the effectiveness of the implementation of the existing subsidy programme, covering the effectiveness of delivery, implementation mechanism, degree of leakages, and costs involved.

“The next step is to propose a new mechanism to be implemented as a measure to increase the effectiveness of subsidy delivery to the target group,” he said during Ministers’ Question Time.

He was responding to a question from Datuk Robert Lawson Chuat (Betong-GPS) who wanted to know the steps the Domestic Trade and Consumer Affairs Ministry will take in the future so that the cooking oil subsidy and other subsidies under the ministry’s regulations can be optimised in reaching the target group.

Nanta said the study covers the main subsidy programmes of the ministry, including the cooking oil price stabilisation scheme, general-purpose wheat flour subsidy, essential goods distribution, and price standardisation for Sabah, Sarawak and Labuan.

“The government is concerned with the welfare of the rural community, specifically in getting basic necessities.

“The government will remain committed to maintaining existing subsidy programmes to ensure that rural communities will be able to enjoy the same prices as in the city, without having to bear the costs of transportation and distribution,” he added. – Bernama, November 17, 2021

Related News

Business / 2d

PKFZ ready to reveal records, facilitate audits amid oil traceability concerns

Business / 1w

Oil ‘cocktail’ exports place Malaysia’s palm oil credentials under scrutiny - expert

Malaysia / 1mth

Government extends electricity subsidy protection to 800 kWh until year-end

Malaysia / 2mth

Anwar’s six measures offer relief across the everyday economy

Malaysia / 3mth

Sabah does not agree to 200-litre diesel quota, forms special committee - Masidi

Malaysia / 7mth

Global oil pressures driving fuel price; Criticisms misplaced, says economist

Spotlight

Malaysia

Seven national laureates urge equal justice, say no one should be above the law

By Alfian Z.M. Tahir

Malaysia

Ivana Smit's family ends legal battle over alleged police negligence

Malaysia

Melaka election: Ab Rauf, Adam Adli, Akmal Salleh among leaders casting ballots

Malaysia

Son arrested after mother found strangled at Banting home

Malaysia

Melaka election: Police record 34 reports, open 25 investigation papers

Malaysia

Selective outrage over corruption puts political, religious principles under scrutiny

Malaysia

Police officer who was attacked can move some of his fingers – Fahmi

Malaysia

1MDB allowed to admit affidavit of Rosmah’s shopping partner in its case

You may be interested

Malaysia

Melaka PRN: Turnout reaches 34.28% by 11.30am as voters decide fate of 28 seats

Malaysia

UEC holders retain eligibility for direct entry into private medical degree programmes

Malaysia

PRN Melaka: DAP set to retain four Melaka seats, unofficial results show

Malaysia

Najib’s luxury lockup is set to become Malaysia’s hottest new tourist sensation

Malaysia

Malaysia faces thousands of cyberattack attempts monthly - Anwar

Malaysia

Melaka elections: 301 election offences recorded during campaign, EC says

Malaysia

Batu Muda only unhealthy air pollution hotspot nationwide, records index of 151

Malaysia

Man shot dead at Penang diesel depot, police on the hunt for suspected co-worker