KUALA LUMPUR : These are among the 30 most commonly purchased products by working-class Malaysians that the government is trying to include in its list of products whose rates are controlled year-round .
Increasing the list , which already involves rice , cooking oil and sugar , said Domestic Trade and Consumer Affairs Minister Saifuddin Nasution Ismail belongs to Putrajaya’s effort to relieve cost-of-living pressures among lower-income Malaysians.
Not all 30 items will make the controlled price list as the government wants to choose the most popular so as to limit disrupting the market, he said.
“The government’s strategy to tackle cost of living is by looking at both incomes and cost of goods and services, and this affects whether the public can afford to purchase food and household items. The solutions are both long and short term,” Mr Saifuddin told The Malaysian Insight at his Putrajaya office recently.
“These long-term measures are part of our structural reform agenda and will take time,” said Mr Saifuddin, while admitting that the government is constrained by having to pay large debts left over from the previous Barisan Nasional administration.
“But even with our constraints, we will still manage to give out aid such as for cost of living for the B40, for fishermen during the monsoon season, fertiliser subsidies for farmers and for school supplies.”