Business

Govt gets RM900 bil allocation requests under 12MP

These come from federal, state govts and their agencies, says Datuk Seri Mustapa Mohamed

Updated 5 years ago · Published on 05 Apr 2021 4:30PM

Govt gets RM900 bil allocation requests under 12MP
Putrajaya has already allocated RM69 billion under the 12MP, with most of the fund channelled to the healthcare sector, including for the Covid-19 vaccination drive. – Pixabay pic, April 5, 2021

KUALA LUMPUR – The government has received allocation requests for RM900 billion under the 12th Malaysia Plan from the federal and state governments, and their agencies, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed.

He said this year alone, RM69 billion has already been allocated, with most of the fund channelled to the healthcare sector, including for the Covid-19 vaccination drive.

“Considering these requests (are coming) from every direction, we have to study (them) carefully as priority needs to be given to the healthcare sector.”

Asked about the challenges of foreign direct investments, Mustapa said the public has to be fair in making any assessment in any sector, including the economy.

“Fair means getting the numbers right. While we, as the government, admit that there are challenges, there are also upsides, and we’re doing well in some areas.” – Bernama, April 5, 2021

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