KUALA LUMPUR, Oct 9 (Bernama) -- The RM2.62 billion allocation in aid for paddy farmers and RM300 million for agrofood projects under Budget 2027 must translate into increased domestic food supplies and ensure prices remain affordable for consumers.
General : Budget 2027: RM2.62 Bln Aid For Paddy Farmers Must Ensure Supply, Affordable Prices - FOMCA
Budget 2027, agrofood, food security, paddy farmer
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Key points
- “The government must set measurable production targets and regularly assess whether the assistance genuinely increases yields, reduces production costs and strengthens rice availability,” he told Bernama when commenting on Budget 2027, tabled by Prime Minister Datuk Seri Anwar Ibrahim in the Dewan Rakyat today.
- FOMCA also welcomed the RM300 million allocation for federal and state agrofood projects, as well as financing facilities worth more than RM1 billion for agropreneurs.
- Saravanan said close cooperation between the Federal and state governments was essential to address issues involving land availability, agricultural infrastructure, logistics and food distribution.
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- Bernama General : Budget 2027: RM2.62 Bln Aid For Paddy Farmers Must Ensure Supply, Affordable Prices - FOMCA (this story)
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