Selangor Journal
Several shoppers selecting vegetables while buying groceries at a supermarket in Kuantan, Pahang, on December 11, 2022. — Picture by BERNAMA

Govt will continue efforts to keep rising prices in check — PM Anwar

IPOH, Aug 24 — The government will continue to find ways to ensure the prices of goods in Malaysia are at a level which does not burden the people, Prime Minister Datuk Seri Anwar Ibrahim said.

These include increasing food production as well as the introduction of additional measures.

He said the government does not take the issue lightly despite receiving criticism over the matter from the public, whom he said may not fully understand the problems behind the rising prices of goods

“The best example of that (government measures) is the work of Datuk Seri Salahuddin Ayub (the recently-deceased Minister of Domestic Trade and Cost of Living), he was always thinking about how to negotiate with companies, shops and producers, how to reduce the price (of goods).

“But the whole world is facing this problem and we are still trying to resolve it as best we can. Now Armizan (Acting Minister of Domestic Trade and Cost of Living Datuk Armizan Mohd Ali) is also helping so that this effort can continue. We will continue to take additional measures,” Anwar said.

He was speaking at the officiation of the Mega@Tambun Rahmah Sales, at the Mydin Manjoi parking lot earlier today.

Anwar said efforts to keep rising prices in check so as not to burden the people were not easy, but as a responsible government, it will continue to look for solutions.

He went on to explain the types of issues faced by the government and cited how India had raised taxes by 40 per cent for the export of garlic and red onions last week.

“This means that there are days where we can control (the situation) and there are days when it is difficult to do so because India increased taxes by 40 per cent to export onions. If we are going to farm our own it will take some time before there are results.

“But when it comes to chicken and eggs, Alhamdulillah, at least under our administration, we have those. The government has to pay subsidies to cover the price of chicken, if we don’t, prices will be high,” Anwar said.

The public sometimes may not understand the issues behind rising prices, and if the prices of certain items were not too high, it meant the government had been providing subsidies.

He said this also mean the government would need some planning for the future, such as to ensure higher domestic production to rely less on exports.

“I have told all the major government-linked companies like Sime Darby, Guthrie, Felda that they have to think about this because we import too much food. The land in Malaysia is fertile but we import a lot of food items.

“So, for that reason, we have directed that these companies also bring bigger revenue output. That is why Khazanah, for example, cooperates with companies such as Farm Fresh for milk and so on for domestic production.

“That way we can lower the cost a little because we produce domestically. If they are imported, prices will be higher,” Anwar said.

Earlier during the event, which had attracted some 8,000 visitors, it was announced the total sales as of 4.30pm had reached RM270,000 covering 36 items.

— Bernama

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