Budget 2021: RM400mil injection to COSS will help B40 group, says Nanta


KUALA LUMPUR (Bernama): The RM400mil injection for the Cooking Oil Price Stabilisation Scheme (COSS) through Budget 2021 is expected to have a major impact on the B40 target group, says Datuk Seri Alexander Nanta Linggi (pic).

The Domestic Trade and Consumer Affairs Minister said COSS is able to minimise the impact of crude palm oil price hike on cooking oil prices, stabilise the retail price of subsidised cooking oil for local household use and ensure adequate supply in the market.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Senior citizen dies after landslide at Sandakan hotel
164 Malaysians evacuated from West Asia conflict zones
Government to ensure ports are not congested
Sweet news – dates supply enough to last until Raya
‘Too many deposits, too high amount’
Salesman loses over RM15,000 in online loan scam
‘About time for a royal inquiry’
Immigration officer held over system misuse
Programme to provide veterans with a second career
‘Unite against extremism’

Others Also Read