Recently, the Malaysian government announced the cancellation of direct subsidies for diesel retail prices and instead adopted a more flexible subsidy mechanism. The saved funds will be used to increase subsidies for egg prices to meet people's needs.

It is understood that sinceStarting from June 10th, the retail price of diesel in Malaysia will no longer be directly subsidized by the government and will begin to fluctuate freely based on international oil prices. This led to a rise in diesel prices from RM2.15 per liter to RM3.35 per liter, an increase of up to 56%. However, the government has clearly stated that this adjustment is not a complete elimination of diesel subsidies, but rather an optimization of the subsidy mechanism to ensure that subsidy funds are not abused and wasted.

Faced with the rise in diesel prices, the Malaysian government quickly responded and decided to use the saved funds to subsidize egg prices, in order to alleviate the pressure on people's lives. according toMalaysian Prime Minister AnwarThe announcement released states that the government will allocate funds from the saved funds100 million ringgit will be used to increase egg price subsidies, and the retail prices of eggs at all levels will be uniformly reduced by 3 cents. This means that the current retail prices of A-grade, B-grade, and C-grade eggs will be reduced to 42 cents per egg, 40 cents per egg, and 38 cents per egg, respectively, and the price reduction measures will take effect immediately.

Anwar The announcement emphasizes that the increase in egg price subsidies will increase the government's subsidy for each egg10 immortals. He revealed that the government's investment in egg price subsidies last year had reached 927 million ringgit. This adjustment of subsidy strategy aims to better utilize financial resources and ensure that subsidy funds can more effectively benefit the general public.

The Vice Chairman of the Malaysian Consumer Sports Association, Ben Rende Sing, welcomed the government's move and reminded the public that if businesses fail to lower egg prices in accordance with regulations, they can report to relevant departments. He called on consumers to actively monitor the market and jointly safeguard consumer rights.