KUALA LUMPUR: Agriculture and Food Security Minister Datuk Seri Mohamad Sabu has assured consumers that egg prices will remain stable despite the subsidy ending on Friday.
“InsyaAllah, the supply is currently sufficient, and the producers, suppliers and related parties have been working closely with us in ongoing discussions. They have assured us that eggs will be available on the market as usual. In fact, supply is increasing.
He drew a comparison to the end of chicken subsidies last year.
“At present, I do not foresee any price increases, similar to when we previously adjusted the chicken subsidy. No price hike occurred then.”
Mohamad was speaking to reporters before appearing on TV3’s Malaysia Hari Ini programme at Studio 1, Balai Berita in Bangsar today.
He added that any egg shortages, such as those that may happen in rural locations, will be met with immediate intervention by the government and the Federal Agricultural Marketing Authority.
On a separate matter, the minister said Thailand-Cambodia border tensions have not affected Malaysia’s rice imports.
“The situation does not involve the whole of Thailand or Cambodia. There are no current problems with regard to rice supplies to Malaysia,”
On April 30, the Agriculture and Food Security Ministry announced that the egg subsidy will be discontinued starting Friday.
The decision, it said, was made after taking into account the industry’s commitment to ensuring a stable and sufficient egg supply following the stabilisation of production costs.
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