Fomca welcomes RM100 one-off aid, urges stronger price control and wise spending
These include the one-off RM100 cash assistance under the Sumbangan Asas Rahmah (Sara) programme, the reduction in RON95 petrol prices, the decision to maintain current toll rates across major highways, and the expanded reach of the Jualan Rahmah Madani programme.
Its chief executive officer Dr Saravanan Thambirajah, said Fomca viewed the RM100 one-off assistance as a timely and inclusive step, especially given the persistent pressure of food prices despite the overall inflation rate remaining low.
"The government's move to extend this assistance to all adult citizens aged 18 and above, regardless of income level, is unprecedented and signals recognition that the cost-of-living crisis is affecting not just the lower-income group but also the middle class.
"This broad-based approach is commendable and shows the government's responsiveness to the realities on the ground," he told the New Straits Times.
In a televised address as an "extraordinary tribute" to Malaysians, Prime Minister Datuk Seri Anwar Ibrahim announced that all Malaysians aged 18 and above would receive a one-off RM100 payment.
This would benefit 22 million Malaysians.
Anwar also announced a slew of other government assistance to ease the people's cost of living.
In addition, Saravanan said Fomca also welcomed the government's announcement to reduce the price of RON95 petrol to RM1.99 per litre.
He said this measure is expected to directly benefit millions of vehicle users across the country, particularly the younger generation, gig economy workers, and low- to middle-income earners.
"Given that fuel prices have a ripple effect on the cost of goods and transportation, this move will certainly ease the burden on consumers and improve household cash flow.
"Similarly, the government's decision to freeze toll hikes scheduled for 10 highways this year, while absorbing over RM500 million in compensation costs, demonstrates a commitment to protecting public interest.
"For many Malaysians who commute daily for work and family responsibilities, this measure offers crucial financial relief at a time when every ringgit matters," he added.
Saravanan said Fomca also applauded the government's commitment to expanding the Jualan Rahmah Madani initiative.
"With an increased allocation of RM600 million, this programme has gained strong public support by offering affordable basic goods and groceries across all 600 state constituencies.
"Many consumers have expressed appreciation for the improved access to reasonably priced food items, especially in rural and suburban areas.
"Fomca encourages the government to continue enhancing the implementation of this programme by improving coordination with suppliers and ensuring adequate stock levels, so that its benefits reach consumers consistently and fairly," he said.
Saravanan said while these government interventions were indeed positive and much appreciated, Fomca urged that they must be accompanied by effective market enforcement.
He said the reality was that without strong and proactive price monitoring, unscrupulous traders might take advantage of consumer subsidies and relief measures to inflate prices and diminish their intended benefits.
"We therefore call on the Domestic Trade and Cost of Living Ministry to enhance its enforcement capacity by increasing manpower and resources dedicated to monitoring, inspecting, and taking action against profiteering practices.
"There must be a more robust and widespread monitoring of prices nationwide, and stern action must be taken against traders who exploit government incentives to inflate prices," he told the New Straits Times.
Saravanan said while the public generally welcomed this aid with gratitude, Fomca urges all Malaysians to spend the RM100 wisely.
He said it should be used for necessities and essential needs.
"For those who may not require the assistance, we encourage them to consider extending their help to friends, relatives, neighbours, or vulnerable community members who are more in need.
"This spirit of solidarity is what will build a more compassionate and resilient Malaysian society.
"Fomca believes that a combination of inclusive cash aid, firm price control and effective enforcement will provide more meaningful and sustainable relief to consumers as we navigate current economic challenges," he added.
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