Malaysia: Wheat flour subsidy terminated this year

Published 2024년 5월 13일

Tridge summary

The Malaysian government has discontinued the public wheat flour subsidy for this year due to inability of manufacturers to meet the controlled price of RM1.45 per kilogramme. The government is now implementing a retargeted subsidy for a specific target group of eligible citizens, and is also regulating the price of diesel through the Subsidized Diesel Control System (SKDS 2.0). Additionally, the government has prohibited the sale of RON95 petrol to vehicles with foreign license plates in all national petrol stations.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The public wheat flour subsidy has been terminated this year, according to Minister of Domestic Trade and Cost of Living Datuk Armizan Mohd Ali. According to Sinar Harian, Armizan told the Dewan Rakyat that the production of subsidised wheat flour could not be continued as manufacturers cannot afford to produce the product at the controlled price of RM1.45 per kilogramme (kg). “The government has also stopped subsidising sugar from Oct 26, 2013 and since then, only refined white sugar was controlled through a gazetted price control enjoyed by all Malaysians including foreigners,” he added. Armizan added that the government is implementing a retargeted subsidy that will only benefit a target group of eligible citizens, also mentioning a mechanism being developed at the ministry’s level targeting subsidised cooking oil to those eligible at the retail level, as quoted from the report. His answer was in response to Manndzri Nasib’s (BN-Tenggara) question on Tuesday (March 19) in the ...

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