Anwar orders agencies to step up action against profiteering
The prime minister issued the directive at the National Cost of Living Action Council's second meeting of the year today.
Prime Minister Anwar Ibrahim convened the National Cost of Living Action Council's second meeting of the year in Putrajaya. The purpose of the meeting was to enhance coordination among government agencies for more effective enforcement against price gouging and profiteering of essential goods. During the meeting, Anwar highlighted proposed initiatives and immediate measures aimed at alleviating the people's cost-of-living burden, which will be addressed under the 2027 budget.
He also reviewed the progress made by the domestic trade and cost of living ministry in controlling essential goods prices and curbing profiteering. Anwar emphasized the government's commitment to continuously monitor global geopolitical developments and their impact on the prices and supply of essential goods, ensuring that inflationary pressures can be promptly and effectively addressed.
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- Anwar orders agencies to step up action against profiteering freemalaysiatoday.com
