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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.

Anwar orders agencies to step up action against profiteering

Prime Minister Anwar Ibrahim convened the National Cost of Living Action Council's second meeting of the year in Putrajaya today. During the meeting, he emphasized the need for enhanced collaboration between government agencies to strengthen enforcement and combat profiteering affecting the prices of essential goods across the nation.

The Council's focus was on proposed initiatives and immediate measures aimed at alleviating the cost-of-living burden for Malaysians, as outlined in the 2027 budget. Prime Minister Anwar reviewed the progress made by the Domestic Trade and Cost of Living Ministry in controlling essential goods prices and curbing profiteering, as reported in a Facebook post.

The Prime Minister also highlighted the government's commitment to ongoing monitoring of global geopolitical developments and their potential impact on essential goods prices and supply, ensuring that inflationary pressures could be addressed swiftly and effectively.

Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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