Government Sets Up Special Team To Address Rise In Cost Of Living
Author Avatar
(Image: Bernama/Shafiq Hashim)

Prime Minister Datuk Seri Ismail Sabri Yaakob announced that the government has set up a special team to address the issue of rising cost of living among Malaysians. Helmed by several senior ministers, it is dubbed Jihad Tangani Inflasi. 

According to the prime minister, the team will be responsible for drafting strategies and coordinating efforts in resolving issues concerning inflation. In doing this, it will also collect relevant information from ministries, agencies, as well as the public.

Datuk Seri Ismail Sabri further said that the special team was formed to effectively and efficiently tackle the challenges of rising costs of living, brought on by climate change and geopolitical uncertainties. Occurrences such as the Russia-Ukraine crisis have affected the market prices of food commodities, as well as fuel, he stated.

(Image: The Star)

“The special team functions the same as the previous team handling the Covid-19 pandemic, where meetings will be held twice a week on Mondays and Thursdays,” Datuk Seri Ismail Sabri also clarified, adding that a press conference will be held after every meeting to explain the various issues raised by the people. 

The special team will be chaired by Communications and Multimedia Minister, Tan Sri Annuar Musa. He will also be assisted by the following officials:

  • Finance Minister, Tengku Datuk Seri Zafrul Tengku Abdul Aziz
  • Agriculture and Food Industries Minister, Datuk Seri Dr Ronald Kiandee
  • Domestic Trade and Consumer Affairs Minister, Datuk Seri Alexander Nanta Linggi
  • Minister in the Prime Minister’s Department (Economy), Datuk Seri Mustapa Mohamed
  • Chief Secretary to the Government, Tan Sri Mohd Zuki Ali

Ultimately, Datuk Seri Ismail Sabri emphasised that the government is constantly working towards minimising the effects of the global rise in inflation on the Malaysian Family. 

(Sources: The Star, Prime Minister’s Office of Malaysia)

0 0 votes
Article Rating

SHARE

Comments (0)

Subscribe
Notify of

0 Comments
Inline Feedbacks
View all comments
Top Personal Finance News Articles
Post Image
Petrol Price Malaysia Live Updates (RON95, RON97 & Diesel)
The RinggitPlus Team
- 10th August 2022
We provide weekly updates on every Friday at 5pm on the prices of RON95, RON97 and Diesel in Malaysia and a chart that shows the movement of fuel prices across a 6-week period. Bookmark this page now!
Post Image
Astro 4K Ultra HD Broadcast To Be Available For Subscription By The End of This Year
Brian Chung
- 14th August 2018
By the end of 2018, Astro customers will be able to watch football matches in Ultra HD. Read on to know more about the 4k Ultra HD service.
Post Image
Touch n Go RFID: What Malaysian Road Users Need To Know
Jacie Tan
- 10th August 2018
Everyone’s talking about Touch ’n Go RFID being used at Malaysian highway tolls soon – here’s what you need to know about it.
Post Image
Best High Interest Savings Accounts In Malaysia (May 2022)
Pang Tun Yau
- 31st May 2022
Make your money work for you by depositing them into the best high-interest savings accounts in Malaysia!

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image