Govt may relax import conditions to keep construction costs low, says PM

The government may relax import rules if needed to keep construction material costs low, says Prime Minister Datuk Seri Anwar Ibrahim.

Speaking at the Prime Minister’s Department Monthly Assembly and 2026 New Year Address on Monday (Jan 5), Anwar, who is also Finance Minister, said the measure could be considered if price hikes by industry players continue to strain development costs and living expenses.

He also noted that when price-control subsidies were proposed for withdrawal, concerns over rising prices were raised, but the government has engaged with cartels to prevent them from leveraging profits for higher allocations.

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