Additional budget for Entrepreneur Development Ministry

Updated 4 years ago · Published on 3 Dec 2019 2:16PM · 2 Comments

Entrepreneur Development Minister Mohd Redzuan Yusof says the additional funds will be channelled to the agencies accordingly. – The Malaysian Insight file pic, December 3, 2019.

PUTRAJAYA has approved a 15 to 20% increase in the Entrepreneur Development Ministry’s total budget allocation for next year, its minister Mohd Redzuan Md Yusof said.

Under the 2020 Budget, the government had allocated RM539 million for the ministry.

“Many people have emphasised just how important it was for the ministry to get the additional funds to be able to implement programmes through various agencies, including the National Entrepreneur Group Economic Fund (Tekun Nasional),” he said at Tekun’s 20th anniversary celebration in Kuala Lumpur today. 

Redzuan said Prime Minister Dr Mahathir Mohamad had agreed to increase the ministry’s allocation, adding that the funds would be channelled to the agencies according to the merit of the programmes.

However, he declined to disclose the actual amount. – Bernama, December 3, 2019.

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Comments

  • Have not even settled the flying car RM20 million controversy and now the government is giving the Ministry another extra RM100 million to spend. How different is this government from UMNO??..sigh

    Posted 4 years ago by Elyse Gim · Reply

  • Show us one success program first. Don't talk big. Dreaming minister.

    Posted 4 years ago by James Wong · Reply