Egg subsidy to continue until June, says ministry

PUTRAJAYA: Subsidy for chicken eggs will continue until June 2023 involving a total cost of RM1.28bil, says the Agriculture and Food Security Ministry.

It said in a statement that Cabinet reached an agreement to continue subsidising chicken eggs at its meeting on Feb 17.

"This step is being taken to ensure that the supply of chicken eggs in the country remains stable, while the study on the mechanism and policy of targeted subsidies can be finalised soon," said the ministry.

It said the need to bring in chicken eggs from abroad will also be reviewed once supply in the country stabilises.

"The initiative to bring in chicken eggs from outside sources is a temporary measure to ensure that supply in the country remains stable and uninterrupted," it said.

The ministry said it constantly monitors the supply of chicken eggs in the market and will continue to work on various ways to ensure that supply in the country is stable. - Bernama