Egg subsidy rate reduced from RM0.10 to RM0.05 per egg, effective May 1
PETALING JAYA: The government has agreed to end the price control on chicken eggs and reduce the egg subsidy rate from RM0.10 to RM0.05 per egg, effective May 1, 2025.
Subsequently, the egg subsidy will be completely abolished on August 1, 2025.
From February 2022 to December 2024, the government spent nearly RM2.5bil on egg subsidies to the industry to cover rising production costs due to the Covid-19 pandemic and the impact of the Ukraine-Russia war on the import prices of soybeans and corn.
The government has also taken into account that the prolonged period of price controls and subsidies is unsustainable for the continuity of the local egg production industry and the country's finances.
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