27th May 2025 - 2 min read
The government’s decision to withdraw price controls and subsidies for chicken is aimed at redirecting resources towards strategic improvements in the livestock sector, according to Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.
He explained that the move is part of a broader effort to boost domestic poultry production in a sustainable and competitive manner. Among the key areas of focus are the reopening of idle chicken farms, upgrades to existing farming systems, and the provision of financing options for farmers. These initiatives are expected to enhance national food security and reduce long-term dependency on subsidies.
Although the policy shift has generated public concern, Mohamad stressed that not all government decisions produce immediate results. He noted that certain reforms require time to bear fruit and that their full impact may only become evident after several years.
“Some initiatives take time to show results, and some require several years before the effects are truly felt by the people and the country,” he said in a statement.
He also urged the public to evaluate new policies with fairness and an open mind. According to Mohamad, every decision made by the government is backed by careful study, thorough consultations, and consideration of long-term national interest.
“What is more important is a clear direction and consistent implementation,” he said. “Every step taken is based on research, engagement, and comprehensive consideration to ensure continued economic stability and the well-being of the people.”
The decision to lift price controls and discontinue chicken subsidies took effect on 1 November 2023. At the time, Mohamad stated that the change was necessary to prevent subsidy misuse, including by foreign nationals and high-income groups who were not the intended beneficiaries.
He added that reallocating funds previously spent on blanket subsidies would enable the government to introduce more targeted socio-economic support measures, including direct cash assistance for those in genuine need.
(Source: Bernama)
Samuel writes about personal finance and financial news, focusing on how banking updates, policies, and promotions affect everyday money decisions. He enjoys making complicated financial topics easier to follow. Outside of writing, he spends his time watching TV shows and occasionally convincing himself he will only watch one episode.
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