Govt mulls ending egg subsidies once supply stabilises, says Mat Sabu

Govt mulls ending egg subsidies once supply stabilises, says Mat Sabu

The agriculture and food security minister says savings from subsidy cuts could be redirected to support other critical agro-food sectors.

The government last year spent RM927 million on subsidies for chicken eggs. (Bernama pic)
PETALING JAYA:
The government is considering ending subsidies for chicken eggs if its supply stabilises, says agriculture and food security minister Mohamad Sabu.

Mohamad, also known as Mat Sabu, said savings from these subsidy cuts could be redirected to develop other critical agro-food sectors, Sinar Harian reported.

“Therefore, in my opinion, it is time for the ministry to re-evaluate the subsidies given for chicken eggs grade A, B and C,” he was quoted as saying at his ministry’s monthly assembly today.

Last year, the government spent RM927 million on such subsidies.

In June, Prime Minister Anwar Ibrahim announced that the government had decided to reduce the retail price of grade A, B and C eggs nationwide by 3 sen. This subsidy scheme involved an expenditure of RM100 million.

The government had initially planned to float egg prices last July, but postponed the move because of concerns about potential price increases and the impact on consumers.

On a separate matter, Mohamad said the ministry will introduce regulations prohibiting the mixing of local white rice with imported white rice.

He said this is part of the ministry’s efforts to address existing issues.

“The circular regarding this regulation will be issued soon,” he said.

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