Indonesia: The price of grade A, B, and C chicken eggs will drop by 3 cents per egg

Published 2024년 6월 17일

Tridge summary

The Malaysian government has reduced the retail price of grade A, B, and C chicken eggs by 3 cents per egg, now priced at 42 sen, 40 sen, and 38 sen respectively, as part of a broader effort to return subsidy benefits to the public. This initiative, costing RM100 million and with a total subsidy allocation of RM927 million for 2023, also includes measures against diesel smuggling, with 6.44 million liters seized worth RM14.12 million. Prime Minister Datuk Seri Anwar Ibrahim highlighted that subsidies are being managed more efficiently to benefit sectors like education, health, and public transport. Additionally, the government has maintained the price of bottled pure palm cooking oil despite rising global crude palm oil prices.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

KUALA LUMPUR: The government decided to lower the retail price of grade A, B and C chicken eggs across the country by 3 cents per egg in line with efforts to return the result of subsidy targeting to the people. Prime Minister Datuk Seri Anwar Ibrahim said now, the retail price of grade A, B and C chicken eggs will drop to 42 sen, 40 sen and 38 sen respectively with effect from today. "The provision of subsidies for people's food needs of 10 cents per chicken egg involves an expenditure of RM100 million, while in 2023 the subsidy allocation for chicken eggs is as much as RM927 million," he said in a statement today. The Prime Minister said retail prices for eggs in Sabah, Sarawak and Labuan will also be adjusted according to the gazetted sections and zones. He said the move is in line with current developments which show that there has been a decrease in the input cost of chicken egg production, especially the basic ingredients for chicken feed. "I would like to stress that the ...

Source: Utusanborneo