Malaysia

Ceiling RM3.5 bil budget for vaccines covers 110% of population: Khairy

This includes provisions for teenagers and additional stock, says minister

Updated 5 years ago · Published on 27 Apr 2021 6:42PM

Ceiling RM3.5 bil budget for vaccines covers 110% of population: Khairy
Minister Khairy Jamaluddin (right) at a vaccination centre in Kangar, Perlis, recently. He says the government is obtaining extra Covid-19 vaccines as buffer stock if additional booster doses are required. – Khairy Jamaluddin Twitter pic, April 27, 2021

KUALA LUMPUR – The government set the ceiling budget of RM3.5 billion to procure Covid-19 vaccines for 110% of the population, taking into account provisions for teenagers and additional stock. However, the bill has yet to be finalised.

National Covid-19 Immunisation Programme (PICK) Coordinating Minister Khairy Jamaluddin said the ceiling expenditure is also based on announcements by vaccine suppliers that clinical trials are still being conducted on adolescents – thus, the government decided to increase the supply in advance, pending approval and trial results.

“The government also decided to obtain supplies as buffer stock if additional booster doses are required,” Khairy said in a statement today.

He said the allocation also takes into account the risk of supply disruption, such as export restrictions, raw material supply, manufacturing capacity and regulatory approvals.

He added that the 82.8% figure covering the country’s population was increased to 110%, as announced in the PICK Handbook launched on February 16.

Khairy said the total cost of procuring vaccines for 110% of the population currently stands at RM3.16 billion.

“Although currently, the procurement price is estimated at RM3.16 billion, it depends on the increase in supply by taking into account the provision of vaccines for adolescents and buffer stocks, raising the ceiling to RM3.5 billion set by the Finance Ministry.”

He said procurement of the vaccines has yet to be finalised.

“For example, government agreements with suppliers, such as Gamaleya (Sputnik V) and CanSino, have yet to be implemented because the vaccines are still being evaluated by the NPRA (National Pharmaceutical Regulatory Agency) and have not been registered.

“If these vaccines do not get approval, or take too long, the government has the option of not pursuing these agreements without any financial implications.”

Yesterday, Khairy said a total of RM5 billion in National Trust Fund (KWAN) monies will be used for the programme, with RM3 billion for vaccine procurement and RM2 billion to implement the scheme.

He said the total expenditure linked to the immunisation programme included the provision of facilities, such as renting halls, payment of utilities and provision of food, as well as staff allowances.

Less than a week ago, the government approved amendments to the National Trust Fund Act 1988 (Act 339), which allows funds to be used for the procurement of vaccines and any expenditure incurred in relation to the vaccines.

This was based on the Emergency (National Trust Fund) (Amendment) Ordinance 2021, which came into operation yesterday through the Federal Government Gazette published by the Attorney-General’s Chambers on April 21. – The Vibes, April 27, 2021

Related News

Malaysia / 1mth

Covid-19 cases in Malaysia stable, no deaths recorded this year – MOH

Malaysia / 2mth

Government’s RM5.7 billion spending cut a bold move to curb waste, says PKR leader

Malaysia / 2mth

Funding cutbacks may jeopardise public health, education, safety and crime prevention needs – Guan Eng

Malaysia / 4mth

Penang: Misuse of zakat funds: 63 individuals called by MACC

Malaysia / 4mth

Bad move to channel EPF dividends into Account 3 for festive withdrawals, cautions economist

Malaysia / 5mth

NGO secretary remanded; MACC probes embezzlement of RM4.2m donations meant for Gaza

Spotlight

Malaysia

Johor state election: MACC receives three reports of alleged corruption

Malaysia

Banks need to do more to help counter rising costs of living – Guan Eng

By Ian McIntyre

Business

BNM holds OPR at 2.75 per cent

Malaysia

MACC: No one off limits in probe into US$13 million luxury property deal

Malaysia

Govt rejects claims Jho Low secretly returned to Malaysia for 1MDB asset talks

Malaysia

School stabbing incident: Suspect claimed she was dissatisfied, allegedly bullied

Places

Four premier hotels in Penang to be restored, open doors soon

By Ian McIntyre

Malaysia

Rosmah demands action against Nga over alleged misleading election poster in Johor polls

Malaysia

Malaysia faces RM51.4b 1MDB burden after recovering RM31.3b in funds and assets

You may be interested

Malaysia

Police urge restraint as Rembau chieftain’s residence dispute heads to legal process

Malaysia

High Court court allows contempt proceedings against Undangs, two others

Malaysia

Rembau Undang’s office ordered to vacate premises within 24 hours amid adat dispute

By Alfian Z.M. Tahir

Malaysia

Senior citizen loses nearly RM200k in love scam involving fake corporate figure

Malaysia

Future of fishermen, coastal economy priorities for Tanjung Surat PH candidate

Malaysia

Govt rejects claims Jho Low secretly returned to Malaysia for 1MDB asset talks

Malaysia

Govt approves refugee status for 78 Rohingya detainees under DPP programme

Malaysia

Johor PRN: Over 300,000 outstation voters expected to return