KUALA LUMPUR, Feb. 9 -- A new National Cost-of-Living Action Plan, scheduled for launch in the second quarter of this year, is expected to ensure the government's measures in addressing cost-of-living issues are more targeted and effective, in line with the current needs of the public.

Minister of Domestic Trade and Cost of Living Datuk Armizan Mohd Ali said his ministry is in the final stages of preparing the plan, which is outlined in the 13th Malaysia Plan (RMK13) since July last year as a comprehensive approach to strengthen planning, implementation, and monitoring of cost-of-living strategies, according to a report published by Buletin TV3 today.

"Efforts to tackle cost-of-living issues will be mobilised across ministries. Under th...