The government will continue monitoring chicken egg supply and sales to prevent disruptions following the phased termination of subsidies for the item, effective tomorrow.
Communications Minister and government spokesperson Fahmi Fadzil said joint monitoring will be conducted by the Domestic Trade and Cost of Living Ministry as well as the Agriculture and Food Security Ministry.
He said egg subsidies were introduced during the Covid-19 pandemic when supply chain disruptions occurred.
However, the cabinet deemed the Agriculture Ministry’s decision to phase out subsidies appropriate as production and stock levels have stabilised and shown improvement, he added.
“The proposed decision by the Agriculture Ministry is justified not only for subsidy savings but also because the current egg supply exceeds demand,” Fahmi told a post-cabinet press conference in Putrajaya today.
The government previously announced the removal of chicken egg price controls, with subsidies reduced from RM0.10 to RM0.05 per egg, effective tomorrow before complete termination on Aug 1.
The Agriculture Ministry said the decision followed industry commitments to maintain sufficient production, noting prolonged price controls and subsidies were unsustainable for local producers and national finances.
The ministry assured intervention measures would minimise cost-of-living impacts.
- Bernama
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