With No More Ceiling Prices, Will Costs Hit The Roof?
Jaideep Singh, Researcher, REFSA | Dr Geoffrey Williams, Economist, Malaysia University of Science and Technology
23-Jun-22 18:00
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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
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Categories: government, economy
Tags: economy, finance, subsidies, commodities, inflation, chicken, eggs, cooking oil,
