Putrajaya should cut federal expenses, not subsidies, amid rising living costs: Pakatan Harapan

KUALA LUMPUR: The Malaysian government should consider fast measures such as hanging mega projects and also cutting minister allowances, instead of revoking subsidies, to help Malaysians with the rising cost of living , said a Pakatan Harapan committee in Monday (Jun 27).

The particular opposition coalition’s Cost of Living committee said in the statement that the government’s decision to withdraw certain food subsidies was initially “half-baked, irresponsible as well as hasty”, and could only widen typically the poverty gap and additionally increase the social challenges among the people.

Prices of goods contain jumped in Malaysia in recent months due to ship chain disruptions, time shortages and the have an effect on of war inside Ukraine.

Meal inflation rose five. 2 per cent by a year earlier in-may, the highest since Nov 2011, government facts showed last week.

Last week, Domestic Craft and Consumer Considerations Minister Alexander Nanta Linggi announced that Malaysia would lift typically the subsidies for 2kg, 3kg and 5kg bottles of palm kitchen oil from Jul 2 as well as the ceiling value control for chicken plus chicken eggs.

Prime Minister Ismail Sabri Yaakob that is when unveiled an additional monetary assistance plan to help low-income households, by using those eligible obtaining RM100 or RM50 in funds from Jun twenty seven.

He also announced on Feb 5th that the government acquired decided not to float the asking price of chicken and would on the other hand decide on a new amount ceiling.

“The committee urges the federal government to reconsider this withdrawal which will take effect immediately concerning Jul 1, that can only increase the inflation rate and help the rising cost of living to the people, especially one of the B40 (Bottom 46 economic group), ” it said.

Between its recommendations, the committee proposed that ceiling price of roasted chicken and chicken ovum should be maintained and also subsidies to fowl breeders and agents increased accordingly.

The committee for several opposition users of parliament listed Parti Keadilan Rakyat (PKR)’s Pasir Gudang MP Hassan Abdul Karim, Democratic Motion Party (DAP)’s Stampin MP Chong Chieng Jen and Parti Amanah Negara (Amanah)’s Hulu Langat MEGA-PIXEL Hasanuddin Mohd Yunus.