Malaysia will ban high-income earners from buying subsidized cooking oil

Updated Oct 3, 2023
(Kuala Lumpur Comprehensive News) The Malaysian government is preparing to ban the top 20% of the country's income groups (T20) from purchasing government-subsidized one-kilogram bottles of cooking oil. This is part of the government's gradual implementation of targeted subsidy policies.
Deputy Minister of Domestic Trade and Cost of Living Fu Ziya posted on Facebook on Monday (October 2) that the government provides 60 million one-kilogram bags of cooking oil every month, but it still receives complaints from people that this type of cooking oil cannot be found in the market or The problem of cooking oil being sold out. She pointed out that according to the targeted subsidy mechanism, the government will next use ID cards or the MySejahtera application to verify the identity of buyers of one kilogram of cooking oil. "The T20 group is a group that is determined not to purchase this type of cooking oil." Fu Ziaya revealed on September 3 that the government is formulating a ...
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