Malaysia: Egg subsidy to continue until June, costing RM1.28b

Published 2023년 2월 27일

Tridge summary

The Ministry of Agriculture and Food Security in Malaysia announced that subsidies for chicken eggs will be continued until June 2023, with a total cost of RM1.28 billion. This decision aims to ensure the stability of chicken egg supply in the country and allows for the finalization of the mechanism and policy of targeted subsidies. The need for importing chicken eggs will also be reviewed once the local supply stabilizes.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

PUTRAJAYA (Feb 27): Provision of subsidies for chicken eggs will continue until June 2023, involving a total cost of RM1.28 billion, said the Ministry of Agriculture and Food Security. The ministry in a statement on Monday (Feb 27) said the Cabinet reached an agreement to continue subsidising chicken eggs in a meeting on Feb 17. "This step is being taken to ensure that the supply of chicken eggs in the country remains stable, while the study of the mechanism and policy of targeted subsidies can be finalised soon," said the ministry. The ministry said 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 ...

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