Anwar directs stronger enforcement to curb profiteering nationwide
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim has directed that inter-agency coordination be strengthened to ensure more effective enforcement in controlling the prices of essential goods and curbing profiteering nationwide.
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim has directed stronger inter-agency coordination to enforce stricter measures against profiteering and price hikes of essential goods across the nation. During the National Action Council on Cost of Living (NACCOL) Meeting No. 2/2026, Anwar emphasized the need for immediate action to alleviate the financial strain on Malaysians under the 2027 Budget.
He reviewed the current progress in curbing profiteering and controlling essential goods prices with the Ministry of Domestic Trade and Cost of Living. Anwar assured that the government will keep monitoring global geopolitical events and their influence on basic necessities' prices and supply, pledging to address any rising cost-of-living pressures promptly and effectively.
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