Malaysia

Egg subsidy to continue until June at cost of RM1.28 bil

Govt to also review import once domestic supply stabilises

Updated 3 years ago · Published on 27 Feb 2023 8:16PM

Egg subsidy to continue until June at cost of RM1.28 bil
The Agriculture and Food Security Ministry says it constantly monitors the need for the supply of chicken eggs in the market and continues to work with various approaches to ensure that supply in the country is as stable as before. – SYEDA IMRAN/The Vibes file pic, February 27, 2023

PUTRAJAYA – Provision of subsidies for chicken eggs will continue until June, involving a total cost of RM1.28 billion, said the Agriculture and Food Security Ministry.

The ministry in a statement today said the cabinet reached an agreement to continue subsidising chicken eggs at its meeting on February 17.

“This step is being taken to ensure that the supply of chicken eggs in the country remains stable, while the study on the mechanism and policy of targeted subsidies can be finalised soon,” it said.

The ministry added that the need to bring in chicken eggs from abroad will also be reviewed once supply in the country stabilises.

“The initiative to bring in chicken eggs from outside sources is a temporary measure to ensure that supply in the country remains stable and uninterrupted,” it said.

The ministry said it constantly monitors the need for the supply of chicken eggs in the market and continues to work with various approaches to ensure that supply in the country is as stable as before. – Bernama, February 27, 2023

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