With No More Ceiling Prices, Will Costs Hit The Roof?

Jaideep Singh, Researcher, REFSA | Dr Geoffrey Williams, Economist, Malaysia University of Science and Technology

Evening Edition · Inside Story · 23 Jun 2022 · 06:00 pm · 39 mins listen

The government's plan to remove ceiling prices and subsidies for chicken, eggs and bottled palm cooking oil will take effect on the 1st of July. It's a move that has ignited fears around the rising cost of living- we discuss its impact and who will be feeling the brunt of this policy reversal. Then, we dive into what's needed to to create an effective system that better identifies people in need of government assistance.

Image Source: Ron Lach, Pexels

Produced by:

Kelly Anissa,Lee Chwi Lynn,Sharmilla Ganesan,Jeremy Ng

Presented by:

Lee Chwi Lynn,Sharmilla Ganesan

Categories:

government,economy

Tags:

economy,finance,subsidies,commodities,inflation,chicken,eggs,cooking oil

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