Anti-inflation task force has had positive impact on prices, says Mustapa

KOTA BARU: The "Jihad Against Inflation" Special Task Force has had a positive effect, especially in reducing the price of controlled goods as inflation is faced by the country, says Datuk Seri Mustapa Mohamed.

The Minister in the Prime Minister's Department (Economy) said the task force has a beneficial impact dealing with inflation, especially in relation to enforcement involving cooking oil, leading to a decrease in the price of the controlled item.

"Inflation is a problem faced by the world today. Alhamdulillah, in these past few weeks we have found that the world's inflation seems to have reduced a little and it may have a good effect on Malaysia," he said.

He said this to reporters after visiting the Federal Department joint-use building at the Kelantan State Development Office near Tunjung, here on Sunday (Aug 14).

Mustapa, who is also a member of the task force, said meetings are held twice a week to discuss various issues involving various ministries, adding that this allows measures and actions to be done in a more focused manner and given priority.

"Prime Minister Datuk Seri Ismail Sabri Yaakob recently mentioned that the supply of chicken has also become stable and the selling price is also lower than the set ceiling price of RM9.40 per kilogramme," he said.

The government is also considering requests from poultry farmers to resume exporting chicken to Singapore, he said.

However, this will be reviewed by the Agriculture and Food Industries Ministry and has yet to be decided. – Bernama