Parliament passes bill to let govt use KWAN for Covid-19

Chan Kok Leong Raevathi Supramaniam

As of September, the government has already used RM3.7 billion from KWAN for the purposes of vaccine procurement and management, says Finance Minister  Tengku Zafrul Aziz. – The Malaysian Insight pic, October 11, 2021.

THE Dewan Rakyat has unanimously approved a bill to allow the government to use the RM16 billion National Trust Fund (KWAN) for the purposes of Covid-19 vaccine procurement. 

The approval is retrospective as the Perikatan Nasional government had already passed an emergency ordinance to allow itself to tap into the fund on April 21.

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