National Cost of Living Action Plan 2030 sets out 429 measures in 35 strategies
Anwar launched the National Cost of Living Action Plan 2030 in Melaka: 429 measures in 35 strategies to raise incomes and steady the price of essentials.
Prime Minister Anwar Ibrahim launched the National Cost of Living Action Plan 2030 (NCLAP30) on 24 October. The five-year plan sets out 429 measures in 35 strategies to ease cost-of-living pressure, Bernama and Free Malaysia Today reported.
What is in the plan
Domestic Trade and Cost of Living Minister Armizan Mohd Ali said the plan has two priorities: raising people's incomes and stabilising the prices of essential goods and services.
The measures are grouped into eight clusters: income, food, health, education, transport, housing, utilities and general matters. Armizan said the plan continues and improves existing initiatives, including those with fiscal commitments, and adds new measures.
The ministry said the plan is aligned with the Madani Economic Framework and the 13th Malaysia Plan. The private sector, non-governmental organisations and the public are also expected to take part.
Who monitors it
The National Cost of Living Action Council (Naccol) now has a broader mandate. It used to focus on examining new initiatives and cost-of-living issues. It now also monitors how every measure is carried out across ministries and agencies.
"The aim is to ensure that all 429 cost-of-living measures are implemented as effectively as possible, in an orderly and targeted manner, without duplication," Armizan said. He added that the plan is designed to stay adaptable to domestic challenges and to global geopolitical and geoeconomic uncertainty.
Government will absorb fuel subsidy costs, says Anwar
At the same event at the Hang Jebat Sports Complex in Krubong, Anwar said the government will keep RON95 at RM1.99 per litre even though global crude oil has climbed to between US$120 and US$130 a barrel, according to Free Malaysia Today.
He said the fuel subsidy bill the government carries could reach RM42 billion to RM45 billion a year if oil prices keep surging. If prices were raised to market levels, people would pay an extra RM2, RM3 or perhaps RM5 a day, Anwar said, and as much as RM10 a day for those taking children to school and commuting to work. "It is better for the government to bear the burden than to burden the people," he said.
Anwar also rejected the view that generous subsidies make people too dependent on government aid. He said policy must reflect the reality faced by low-income households.
What is still unclear
Bernama and Free Malaysia Today did not list the individual measures, the plan's total cost or any measurable targets. Readers will need the ministry's full document to see which aid, prices or services change, and when. For now, what is clear is that Naccol will track delivery.
Related reading
For aid and changes already announced in the budget, read Budget 2027, what changes for your wallet. The latest weekly fuel prices are in RON97 and unsubsidised RON95 fall 5 sen, diesel down 10 sen from 15 October.
Sources
- Bernama, PM Lancar NCLAP30, Gariskan 429 Ikhtiar Sara Hidup Menerusi 35 Strategi, 24 October 2026
- Free Malaysia Today, Govt launches 5-year plan with 429 measures to ease cost of living, 24 October 2026
- Free Malaysia Today, Govt ready to pay RM45bil a year to absorb fuel subsidy costs, 24 October 2026
The saksama editorial team
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