Trade and markets
 

Detail

Area
Malaysia
Commodity Group
Rice
Commodity
All
Date
01/11/2015
Policy Category
Consumption and marketing
Policy Instrument
Food subsidies
Description
Decided to end the Rice Subsidy Programme for Super Tempatan 15 per cent broken rice (ST15) in 2016, amid concerns that the scheme was not reaching its intended low-income population target. The programme, introduced in September 2008, provided processors with incentives to produce 15% broken rice and to ensure its supply at controlled prices of MYR 1.65-1.80 (USD 0.39-0.42) per kilo. Alternative means to ensure that low-income groups access supplies at affordable prices are to be put in place.
Notes
Exchange rate as of 1 December 2015.