Malaysian Government to review chicken, egg subsidies in June

Published 2023년 2월 18일

Tridge summary

The Malaysian government is planning to review the necessity of continuing subsidies for chicken breeders and egg producers in June, due to the subsidy allocation exceeding RM2 billion. Agriculture and Food Security Minister, Datuk Seri Mohamad Sabu, stated that the review is to determine if the subsidy is necessary, with the funds potentially being directed towards more urgent areas. The Minister also requested the Department of Veterinary Services to perform detailed checks on eggs imported from India to ensure they meet the required standards, following concerns from the Federation of Malaysian Consumer Associations about the sale of low-quality or expired eggs.

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Original content

BAGAN DATUK (Feb 18): The government will review the need to continue providing subsidies to chicken breeders and egg producers in June, said Agriculture and Food Security Minister Datuk Seri Mohamad Sabu. He said that so far, a total of RM1.8 billion in subsidy had been allocated for the breeders and producers involved, and the amount is expected to exceed RM2 billion by June. “By June, we will conduct a study on whether to continue with the subsidy or other methods to ensure that the prices of the raw materials are stable again. “That is what we are looking into. If it is stable, what is the need is to continue with the subsidy? The money (subsidy) can instead be channelled to other places that are more in need,” he told a media conference after launching "Program Malaysia Madani: Perikanan Cukup dan Terjamin" in Hutan Melintang here on Saturday (Feb 18). In another development, he said his ministry had asked the Department of Veterinary Services (DVS) to carry out detailed ...

Source: Theedgemarkets