Govt to spend over RM2bil for subsidised cooking oil


Reports by MARTIN CARVALHO, ASHLEY TANG and FATIMAH ZAINAL

THE government will have to spend more than RM2bil this year to maintain the subsidised price of the one kilogram cooking oil polybags.

Deputy Domestic Trade and Consumer Affairs Minister Datuk Rosol Wahid said last year, the cooking oil subsidy was RM1.9bil.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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