According to Nik Zawawi, the situation in Malaysia was much better when compared to other countries, Sinar Harian reported.

“In our case, the government still has the ability and the means to help the people.

“The government will continue to do so, especially for those in the lower-income group,” he was quoted as saying.

Nik Zawawi said Malaysia was the only country in the region to allocate a large sum of money for subsidies to help the public.

“We continue to implement a ceiling price for chicken and eggs while also providing cash aid in view of the rising cost of living,” he said, adding that no country in the world was able to escape inflation or prevent the rising cost of goods.

Effective today, chicken prices are capped at RM9.40 per kg, a 50 sen increase from the previous ceiling price of RM8.90.

The government had also announced a new ceiling price for Grade A chicken eggs at 45 sen each, Grade B (43 sen) and Grade C (41 sen).