KUALA LUMPUR: The government will continue to protect the people from the impacts of a sharp rise in inflation by continuing to provide subsidies despite rising global oil prices resulting from the Russia-Ukraine war.
National Budget Office director Datuk Johan Mahmood Merican said this was the government's commitment which also took into account the fact that the country is still in the early stages of recovery from COVID-19's impact.
"The government is maintaining the current subsidy policy to protect the people from price increases and disruptions to the food supply chain, even though the cost for the subsidies has increased considerably," he said.
Johan said this on Bernama TV's Ruang Bicara programme titled 'JaminKerja and Semarak Niaga for Keluarga Malaysia' aired last night.
He said the unrest between Russia and Ukraine saw oil prices spiking to more than US$100 per barrel, while Budget 2022 prepared by the government was based on the projected or assumed oil price of US$67 per barrel.
He added that currently, Malaysians can still enjoy the RON95 oil price of RM2.05 per litre, which is one of the lowest prices compared to oil-producing countries such as Saudi Arabia as well as neighbouring countries.
Without the subsidy, the oil price is already touching RM4 per litre.
"The increase in oil prices also boosted palm oil prices, but the government is still providing subsidised one-kilogramme packs of palm oil at the retail price of RM2.50 per pack, although according to the current market price, it is worth closer to RM10," Johan said.
Apart from that, he said the government had also maintained the price subsidy for chicken and eggs at the cost of more than RM500 million for a period of four months to stabilise prices, thus controlling the inflation rate.
Meanwhile, Johan said the government is confident that it will be able to achieve the projected gross domestic product (GDP) growth rate of 5.5-6.5 per cent as well as create 600,000 jobs through the JaminKerja initiative this year.
He pointed out that last year, 560,000 jobs were created despite the high number of COVID-19 cases and fatalities.
He noted that the unemployment rate had dropped to 4.2 per cent in January 2022 from 5.3 percent in May 2020, a positive indicator all around.
Johan also lauded the Short-Term Employment (MySTEP) programme which provides training and placement in the public sector and government-linked companies (GLCs), saying that the programme provides meaningful work experience and improve employees' skills, helping them to land a job once the contract expires.
"Although employment in this programme is temporary or contract-based, it allows graduates, school leavers and the lesser-abled to earn higher salaries in subsequent jobs because they already have experience with reputable companies or organisations," he said.
The RM1.8 billion MySTEP programme initiative offers 80,000 contract employment opportunities -- 50,000 in the public sector and 30,000 in GLCs and their strategic partners.
Johan also said that with the country entering the transition to the endemic phase on April 1, all economic sectors, including the tourism sector, will be able to boost their business activities with help from the government through the various aid facilities.
-- BERNAMA
Bernama
Tue Mar 22 2022
![Govt to continue subsidies despite rising oil prices - Johan Govt to continue subsidies despite rising oil prices - Johan](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-11/81635739513_DatukJohanMahmood.jpg)
Johan said this was the government's commitment which also took into account the fact that the country is still in the early stages of recovery from COVID-19's impact. - Astro AWANI
![Ahli ekonomi yakin pertumbuhan KDNK sekitar 5.8 peratus pada suku kedua 2024 Ahli ekonomi yakin pertumbuhan KDNK sekitar 5.8 peratus pada suku kedua 2024](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-06/81717305735_EkonomiMalaysia.jpg)
Ahli ekonomi yakin pertumbuhan KDNK sekitar 5.8 peratus pada suku kedua 2024
Kalangan ahli ekonomi yakin KDNK Malaysia bagi suku kedua 2024 akan berkembang pada 5.8 peratus berbanding 4.2 peratus pada suku pertama tahun ini.
AWANI Pagi: Berita tumpuan & menarik di astroawani.com [15 Ogos 2024]
Antara fokus AWANI Pagi bersama Nursyazwani Saiful Sham dan Afiezy Azaman
- Mayat lelaki di jambatan Klang dipercayai YouTuber Nidza Afham
- BNM denda Maybank, CIMB kerana gangguan perkhidmatan berpanjangan
- JIWA SME: Inovasi kuih sejuk beku jadi kudapan jemaah tunai umrah
#AWANInews #AWANIpagi
- Mayat lelaki di jambatan Klang dipercayai YouTuber Nidza Afham
- BNM denda Maybank, CIMB kerana gangguan perkhidmatan berpanjangan
- JIWA SME: Inovasi kuih sejuk beku jadi kudapan jemaah tunai umrah
#AWANInews #AWANIpagi
![Cisco akan kurangkan 7 peratus tenaga kerja globalnya Cisco akan kurangkan 7 peratus tenaga kerja globalnya](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-08/41723681507_Ciscologo.jpg)
Cisco akan kurangkan 7 peratus tenaga kerja globalnya
Langkah mengurangkan kakitangan itu dijangka melibatkan kos pra-cukai sehingga AS$1 bilion.
Jiwa SME: Kuih tradisonal sejuk beku 'diterbangkan' ke Tanah Suci
Inovasi pembuatan makanan sejuk beku, terutama kuih muih tradisional telah berjaya membawa produk itu ke peringkat global, terutama dalam memenuhi citarasa jemaah haji dan umrah rakyat Malaysia di Tanah Suci Mekah dan Madinah.
![Gol sulung Mbappe bantu Real Madrid juarai Piala Super UEFA Gol sulung Mbappe bantu Real Madrid juarai Piala Super UEFA](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-08/51723679998_KylianMbappe.jpg)
Gol sulung Mbappe bantu Real Madrid juarai Piala Super UEFA
"Ia adalah malam yang hebat. Ia adalah detik yang hebat untuk saya. Dan kami memenangi kejuaraan, yang penting - di Madrid anda perlu sentiasa menang."
![“I love you Am, bahagialah di syurga firdausi” - Aufahanie “I love you Am, bahagialah di syurga firdausi” - Aufahanie](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-08/51723679258_AufahanieNidzaAfh.jpg)
“I love you Am, bahagialah di syurga firdausi” - Aufahanie
Air mata Aufahanie sudah kering meratapi pemergian abang tercinta, Nidza Afham yang ditemui meninggal dunia selepas dilaporkan hilang.
Konsert jelajah: Taylor Swift teruskan konsert London selepas ancaman keganasan
Taylor Swift akan meneruskan persembahan di London pada Khamis, meneruskan jelajah konsert terbesar dunia di tengah-tengah kebimbangan keselamatan susulan cubaan serangan Daesh memaksa pembatalan tarikh konsert di Vienna, minggu lalu.
Taliban rai ulang tahun ketiga pemerintahan Afghanistan
Kerajaan Taliban semalam meraikan ulang tahun ketiga pemerintahannya di Afghanistan dengan perarakan tentera yang memberi penghormatan kepada bom buatan sendiri yang digunakan ketika peperangan, pesawat pejuang dan perbarisan pasukan keselamatan.
![Bapa bintang bola sepak Sepanyol, Lamine Yamal ditikam - Laporan Bapa bintang bola sepak Sepanyol, Lamine Yamal ditikam - Laporan](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-08/61723677980_MounirNasraoui.jpg)
Bapa bintang bola sepak Sepanyol, Lamine Yamal ditikam - Laporan
Mounir Nasraoui, bapa kepada Lamine Yamal, ditikam pada lewat Rabu di tempat letak kereta di bandar Mataro di timur laut Sepanyol.
Warga AS dihukum penjara 15 hari di Rusia kerana bersikap samseng
Mahkamah Moscow menjatuhkan hukuman penjara 15 hari kepada warga Amerika Syarikat Joseph Tater pada Rabu kerana bersikap samseng.
![Kerajaan tidak mansuh subsidi serentak - Ketua Setiausaha Perbendaharaan Kerajaan tidak mansuh subsidi serentak - Ketua Setiausaha Perbendaharaan](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-11/81635739513_DatukJohanMahmood.jpg)
Kerajaan tidak mansuh subsidi serentak - Ketua Setiausaha Perbendaharaan
Kerajaan tidak akan memansuhkan subsidi dengan serentak, sebaliknya akan melaksanakan proses itu secara beransur-ansur, kata Ketua Setiausaha Perbendaharaan Datuk Johan Mahmood Merican.
![MOF komited laksana dasar fiskal progresif kurangkan kemiskinan, ketaksamaan MOF komited laksana dasar fiskal progresif kurangkan kemiskinan, ketaksamaan](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-11/81635739513_DatukJohanMahmood.jpg)
MOF komited laksana dasar fiskal progresif kurangkan kemiskinan, ketaksamaan
Sumbangan dasar fiskal terhadap inisiatif mengurangkan kemiskinan dan merapatkan jurang pendapatan adalah minimum dari segi KDNK.
![MOF: Perbelanjaaan pembangunan penting untuk rangsangkan pertumbuhan MOF: Perbelanjaaan pembangunan penting untuk rangsangkan pertumbuhan](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2020-11/51604920775_JOHANMAHMOODMERICA.jpg)
MOF: Perbelanjaaan pembangunan penting untuk rangsangkan pertumbuhan
Adalah penting bagi kerajaan melabur dalam perbelanjaan pembangunan untuk merangsang pertumbuhan baharu seperti yang diperuntukkan dalam Belanjawan 2021.
![Bukan keputusan mudah luaskan skim i-Sinar - Johan Bukan keputusan mudah luaskan skim i-Sinar - Johan](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2016-01/51453181911_JohanMahmoodMerica.jpg)
Bukan keputusan mudah luaskan skim i-Sinar - Johan
Persetujuan untuk memperluaskan pengeluaran skim i-Sinar daripada akaun satu Kumpulan Wang Simpanan Pekerja (KWSP) kepada semua ahli yang terjejas pendapatan bukan satu keputusan mudah.
![Belanjawan 2021 dirangka bersandarkan realiti semasa - Pengarah Belanjawan Negara Belanjawan 2021 dirangka bersandarkan realiti semasa - Pengarah Belanjawan Negara](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2020-11/51604920775_JOHANMAHMOODMERICA.jpg)
Belanjawan 2021 dirangka bersandarkan realiti semasa - Pengarah Belanjawan Negara
Belanjawan 2021 dirangka berdasarkan unjuran yang memaparkan realiti ekonomi serta rakyat sebenar, kata Pengarah Belanjawan Negara Johan Mahmood Merican.
![Kerajaan sedia pertimbang tambah peruntukan BPR jika ada pemohon baharu Kerajaan sedia pertimbang tambah peruntukan BPR jika ada pemohon baharu](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2016-01/51453181911_JohanMahmoodMerica.jpg)
Kerajaan sedia pertimbang tambah peruntukan BPR jika ada pemohon baharu
Bayaran BPR akan melalui dua fasa dengan bayaran pertama sebelum Aidilfitri 2021.
![myASEANinternship beri peluang pelajar teroka kepelbagaian budaya myASEANinternship beri peluang pelajar teroka kepelbagaian budaya](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2016-04/51461240349_MyAseanInternship.jpg)
myASEANinternship beri peluang pelajar teroka kepelbagaian budaya
Program myASEANinternship dilihat sebagai satu platform untuk graduan tempatan mendapat pendedahan kepada sektor korporat rantau ASEAN.
![Persepsi negatif tidak cerminkan pasaran pekerjaan - TalentCorp Persepsi negatif tidak cerminkan pasaran pekerjaan - TalentCorp](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-10/71445233519_JohanMahmoodMerica.jpg)
Persepsi negatif tidak cerminkan pasaran pekerjaan - TalentCorp
Walaupun kadar pengangguran naik sedikit daripada 3.0 peratus kepada 3.2 peratus, kadar tersebut masih dianggap sebagai guna tenaga penuh.