PUTRAJAYA: The government, through the National Action Council on Cost of Living , has agreed to reduce the retail price of imported white rice by RM2 to RM3 from Wednesday , says Datuk Seri Mohamad Sabu.
"The government is optimistic that this move will help Malaysians reduce their cost of living, especially during the Ramadan month and the upcoming festivities," he said, adding that the government also decided that all current rice stocks totalling 140,000 metric tons purchased by millers needed to be processed and made available to local markets immediately to boost rice distribution.
Mohamad also shared that the government had agreed that all government contracts would use imported white rice, and that would ensure that the additional 20,000 metric tons of imported white rice would be fully distributed by April.
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