Prime Minister Anwar Ibrahim says this is to cover increases in plantation operating costs due to the removal of blanket subsidies for diesel.
Read More:
https://www.freemalaysiatoday.com/category/nation/2024/07/14/govt-to-allocate-rm100mil-in-supplementary-subsidies-to-felda-says-pm/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/07/14/kerajaan-sedia-subsidi-tambahan-rm100-juta-kepada-felda/
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#FMTNews #AnwarIbrahim #Felda #Subsidy #Diesel
Read More:
https://www.freemalaysiatoday.com/category/nation/2024/07/14/govt-to-allocate-rm100mil-in-supplementary-subsidies-to-felda-says-pm/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/07/14/kerajaan-sedia-subsidi-tambahan-rm100-juta-kepada-felda/
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
Subscribe to our channel - http://bit.ly/2Qo08ry
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NewsTranscript
00:00The government will allocate supplementary subsidies totaling about 100 million ringgit
00:07to Felda to cover increases in plantation operating costs due to the removal of blanket
00:12subsidies for diesel, says Prime Minister Anwar Ibrahim.
00:16Anwar said this is in consideration of the additional financial implications of 121.6
00:22million ringgit a year that Felda will bear because of the increased diesel prices.
00:27He said the government has prepared aid for targeted groups in need, including smallholders.
00:32Anwar also announced the government's approval of 31.7 million ringgit for 317 Felda settlements
00:39under its Sejahtera Community Medani program, adding that Felda's involvement in the program
00:43has boosted economic activities at the community level.
00:47Effective June 10, the government set the retail price of diesel at RM3.35 per litre
00:52at all petrol stations throughout Peninsular Malaysia, while the price in Sabah, Sarawak
00:57and Labuan remained at RM2.50 per litre.