12MP expenditure ceiling increased to RM415 bln
KUALA LUMPUR: The government has raised the expenditure ceiling of the 12th Malaysia Plan (12MP) by RM15 billion, bringing the total allocation to RM415 billion. Prime Minister Datuk Seri Anwar Ibrahim said the raise was to increase the need to finance the people’s priority areas in addition to improving the quality of management and retargeting […]
Covid-19 fund ceiling to be raised to RM65bln
KUALA LUMPUR: The government intends to amend the schedule of the Temporary Measures for Government Financing Act (Coronvirus disease 2019) to raise the ceiling of the Covid-19 Fund by RM20 billion to RM65 billion. Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz said the move takes into account the pandemic’s latest wave and needs […]
