KUALA LUMPUR – The price of grade A, B and C eggs has been reduced by three sen nationwide, effective today.
In announcing this, Prime Minister Datuk Seri Anwar Ibrahim said the retail prices for grade A, B and C eggs were now set at 42 sen, 40 sen and 38 sen, respectively, from today.
This, he said, was part of the government’s effort to return the benefits of targeted subsidies to the public.
“The subsidies for the rakyat’s food needs of 10 sen per egg involve RM100 million of government expenditure, while in 2023, the subsidy allocation for eggs was about RM927 million.
“Meanwhile, the retail prices for eggs in Sabah, Sarawak and the Federal Territory of Labuan will also be adjusted according to the gazetted division and zone.
“The government will continue to give emphasis to any problems or issues related to the rakyat’s costs of living in a more proactive and effective manner to tackle these issues while making the best effort to sustain the rakyat’s wellbeing,” he said in a statement today.
Anwar said this move aligned with current developments, which indicated a drop in the input costs of egg production, especially the essential ingredients for chicken feed.
“I want to emphasise that the government will continue to address issues related to the cost of living more proactively and effectively, while striving to minimise any adverse impact on the daily lives of the people,” he said. – June 17, 2024