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Reduce role of middlemen to control prices, says Anwar

The prime minister says the price of goods can be controlled if middlemen are not involved or take only reasonable profits.

Bernama
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Prime Minister Anwar Ibrahim speaks with traders at the Precinct 3 Ramadan bazaar in Putrajaya, April 6. Photo: Bernama
Prime Minister Anwar Ibrahim speaks with traders at the Precinct 3 Ramadan bazaar in Putrajaya, April 6. Photo: Bernama

Prime Minister Anwar Ibrahim says dependence on middlemen should be reduced in an effort to control the price of goods in the country.

Met at the Agro Rahmah sales programme at the Precinct 3 Ramadan bazaar in Putrajaya yesterday, he said the price of goods could also be controlled if middlemen took only reasonable profits.

Citing the Agro Rahmah sales as an example, he said vegetables and wet goods sold at the programme were cheaper because middlemen were not involved.

"We can see that the vegetables are cheaper without going through middlemen who take excessive profits… prices are far lower than at ordinary markets.

"It is the same with the price of other goods like fruits, fish and prawns. If we can reduce the role of middlemen or middlemen take only reasonable profits, prices can be controlled," said Anwar, who is also the finance minister.

Asked about government initiatives to check the problem of middlemen, he said the establishment of pasar tani and the Agro Rahmah programme were among the approaches taken to control the prices of goods.

"If we take the produce straight from farm to market, prices will be much lower. We can control the price of local produce but not imported goods," he said.

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