Domestic Trade Ministry: Govt needs to approve additional quota of subsidised cooking oil to ensure sufficient supply

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Domestic Trade Ministry: Govt needs to approve additional quota of subsidised cooking oil to ensure sufficient supply
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PUTRAJAYA, April 15 — The government has to approve an additional quota of subsidised cooking oil for operational purposes, as well as to ensure sufficient supply in the market,...

PUTRAJAYA, April 15 — The government has to approve an additional quota of subsidised cooking oil for operational purposes, as well as to ensure sufficient supply in the market, according to the Ministry of Domestic Trade and Cost of Living .

“Quotas that are not used will be rationalised to be distributed to other operators to cover the shortfall. However, this additional quota does not cause expenses to exceed the stipulated limit,” it said. According to the ministry, the reports were not true since the expenditure for cooking oil subsidy is between 88 per cent and 99 per cent of the total quota allocation of 60,000 metric tonnes per month.

“This shortage is evidenced by the increase in complaints from consumers that there is a shortage of packet cooking oil in the market,” said the ministry.

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