ANNOUNCEMENT 25 Oct 2013In October 2013, the government of Malaysia announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
Office of the Prime Minister: the 2014 Budget Speech
Available at: http://www.pmo.gov.my/home.php?menu=speech&page=1908&news_id=680&speech_cat=2
Malaysia Productivity Corporation: Productivity performance of the agricultural sector, page 78
Available at: http://www.mpc.gov.my/mpc/images/file/APR/APR20142015/Chapter5.pdf
On 25 October 2013 Malaysia's Prime Minister held the 2014 budget speech announcing the allocation of RM 2.4 billion (ca. USD 548 million) in subsidies and incentives for the paddy, fertilizer and fishing industry for the year 2014. Subsidies in the paddy industry for the year 2014 have included a government guaranteed minimum price of RM 1,200 (ca. USD 274) per tonne from the 1 January 2014.