Govt allocates RM262m to assist farmers hit by fertiliser price hike

The government will allocate RM262 million as an early response to assist farmers affected by the increase in the prices of fertilisers and pesticides, Prime Minister Ismail Sabri Yaakob said.

He said that of the amount, RM62 million would be channelled through the National Farmers Organisation (NFO) as an addition to the subsidy allocation and paddy incentive under Budget 2020, which amounts to a total of RM1.5 billion...