PETALING JAYA: The issues of cash flow, logistics and manpower are among the main challenges faced in overcoming inflation and the rising cost of living, said National Recovery Council chairman Muhyiddin Yassin today.
He said the council will look into recommendations or suggestions that can be tabled to the government to overcome inflation and the rising cost of living at its next meeting this month.
Follow-up action would be needed by setting up several task forces to examine various aspects of these issues, Bernama reported.
Muhyiddin said people were still affected by rising prices of goods because of inflation in the wake of the pandemic.
Speaking to reporters after attending a Johor Bersatu gathering in Senai today, Muhyiddin said a national-level conference would be held this year to discuss the various issues by inviting relevant experts and speakers to share their views.
The conference would be handled by the recovery council secretariat, which is currently headed by chief executive officer Sulaiman Mahbob.
On a related matter, Muhyiddin will launch an agriculture project using hydroponic technology in Bachok, Kelantan, soon to help the people ease the burden of high living costs.
“The project has started. We received an encouraging response and perhaps crops can be distributed to poor people. It will be good if it can be given for free or sold at a cheaper price. This project is not intended for profits,” he added.