RM680mil allocated to stabilise, standardise prices of goods, says Nanta

KOTA KINABALU: The government has allocated RM680mil for the Price Standardisation, Price Stabilisation and General Use Flour Subsidy programmes this year, says Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi.

He said of the amount, RM240mil had been set aside for the implementation of the Price Standardisation Programme, which involves the Distribution of Essential Goods, Liquefied Petroleum Gas and Community Drumming programme

“A total of RM400mil (has been allocated) for the Cooking Oil Price Stabilisation programme and RM40mil for the General Use Flour Subsidy programme,” he told reporters after launching the Kota Kinabalu City Hall’s Joint Broadcasting System at Pasar Besar Kota Kinabalu, here Monday (Jan 17).

Present were Sabah Community Development and People’s Welfare Minister Datuk Shahelmey Yahya, Sabah director of Domestic Trade and Consumer Affairs Ministry Georgie Abas and Kota Kinabalu Mayor Datuk Noorliza Awang Alip.

Nanta said through the programmes, the government would bear the cost of transportation to deliver seven controlled items from suppliers in the city to selected rural areas. – Bernama