Egg subsidy will continue until June at a cost of RM1.28 billion

 

The provision of subsidies for chicken eggs will continue until June 2023 involving a total cost of RM1.28 billion, the Ministry of Agriculture and Food Security said.

In a statement today, the ministry said the cabinet reached an agreement to continue subsidising chicken eggs at its meeting on Feb 17.

"This step is being taken to ensure that the supply of chicken eggs in the country remains stable, while the study on the mechanism and policy of targeted subsidies can be finalised soon," said the ministry.

It said the need to bring in chicken eggs from abroad will also be reviewed once supply in the country stabilises.

"The initiative to bring in chicken eggs from outside sources is a temporary measure to ensure that supply in the country remains stable and uninterrupted," it said.

The Agriculture Ministry said it constantly monitors the need for the supply of chicken eggs in the market and continues to work with various approaches to ensure that supply in the country is stable as before.

- Bernama