Funding for economic stimulus plans won’t come from Petronas, says minister


Diyana Ibrahim

Finance Minister Tengku Zafrul Abdul Aziz says the government will raise money for the Penjana and Prihatin fiscal packages via domestic borrowings. – June 12, 2020.

PETRONAS will not be tasked with financing the government’s economic recovery plans, said Finance Minister Tengku Zafrul Tengku Abdul Aziz.

Asked if Putrajaya will ask the national oil company for a special dividend payout to help fund the government’s RM35 billion economic recovery package (Penjana), Tengku Zafrul said “No”.


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Comments


  • A true Finance Minister at last.. after 22 months of LGE stupidity.

    Posted 3 years ago by Noor Azhar Kamaruddin