30 Sep '12, 3pm

Budget 2013 : Sugar Subsidy in Malaysia Reduced 20 sen Per KG: The Star Online : The Sugar Subsidy in Malaysia w...

Budget 2013 : Sugar Subsidy in Malaysia Reduced 20 sen Per KG: The Star Online : The Sugar Subsidy in Malaysia w...

The Star Online : The Sugar Subsidy in Malaysia will be reduced by 20 sen per kg from Saturday. When tabling the budget 2013 in the Dewan Rakyat Friday, Prime Minister Datuk Seri Najib Tun Razak said, sugar subsidy reduction had the support of consumers’ associations and health practitioners. “I want to stress that the Government is still subsidising 34 sen per kg on sugar, involving an expenditure of RM278mil,” he said when unveiling the budget proposals on the theme “Prospering the Nation, Enhancing Well-being of the Rakyat: A Promise Fulfilled”. He said the decision to reduce the sugar subsidy in Malaysia was made as about 2.6 million people in the country were diabetics. The price of sugar, a controlled item, has gone up four times, by 20 sen per kg on Jan 1, 2010, 25 sen on July 18, 2010, 20 sen on Dec 4, 2010, and 20 sen on May 10, 2011, bringing the retail price per...

Full article: http://beritasemasa.com/sugar-subsidy-malaysia

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