RM680 mln allocated to stabilise, standardise prices of goods - Nanta

He said of the amount, RM240 million has been set aside for the implementation of the Price Standardisation Programme which involved the Distribution of Essential Goods, Liquefied Petroleum Gas and Community Drumming programme

"A total of RM400 million for the Cooking Oil Price Stabilisation programme and RM40 million for the General Use Flour Subsidy programme," he told reporters after launching the Kota Kinabalu City Hall's Joint Broadcasting System at Pasar Besar Kota Kinabalu, here today.

Present were Sabah Community Development and People's Welfare Minister, Datuk Shahelmey Yahya, Sabah director of Ministry of Domestic Trade and Consumer Affairs Georgie Abas and Kota Kinabalu mayor Datuk Noorliza Awang Alip.

Nanta said through the programmes, the government would bear the cost of transportation to deliver seven controlled items from suppliers in the city to selected rural areas.

The minister said the implementation of the programmes could ensure that the goods were sold at the set prices as the delivery costs would be borne by the government.

"I have visited POS (Point of Sales) in Pulau Bum-Bum, POS Mayok, POS Amin and POS Charleys in Kundasang to see for myself how the goods are delivered by the transporter, recorded and sold to the local communities to ensure that they will be able to enjoy the same prices in the city.

"There are a total of 2,005 POS natiowide with 845 of them being in Sabah," he said.

On the launch of the system, Nanta said the broadcast tools installed in the markets would among others, serve as a platform to channel information on the new normal practises to the public.

He said the ministry has so far installed 6 broadcast tool units, namely at Pasar Utama Pekan Rabu, Kedah; Pasar Chowrasta GeorgeTown, Penang; Pasar Payang Kuala Terengganu, Terengganu; Pasar Utama Siti Khadijah Kota Bharu, Kelantan; Pasar Besar Satok Kuching and Pasar Tamu Kapit in Sarawak and Pasar Besar Kota Kinabalu.