What is KWAN?

Ragananthini Vethasalam

THE National Trust Fund (KWAN) has come under the spotlight after Putrajaya amended the law, without parliamentary oversight, to tap into it for the procurement of Covid-19 vaccines.

KWAN was established on February18, 1988 under the National Trust Fund Act 1988 with the aim of ensuring optimal utilisation of depleting natural resources to provide a stable and continuous source of income for Malaysia.

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