PM says Bumiputera economic empowerment a priority for govt


PM Ismail Sabri Yaakob says the government will continue to prioritise Bumiputera economic empowerment through the provision of various stimulus packages and recovery plans, to assist in their survival and boost their competitiveness. – The Malaysian Insight file pic, November 30, 2021.

THE government will continue to prioritise Bumiputera economic empowerment through the provision of various stimulus packages and recovery plans, to assist in their survival and boost their competitiveness, Prime Minister Ismail Sabri Yaakob said.

This is to ensure Bumiputera entrepreneurs will be able to achieve success and help in restoring the national economy, he said.

The recently tabled Budget 2022, themed “Keluarga Malaysia, Makmur Sejahtera”, provides RM11.4 billion to implement various initiatives under the Bumiputera development umbrella.

Of the amount, RM4.8 billion is set aside for various capacity building and funding programmes for businesses under Perbadanan Usahawan Nasional Bhd (PUNB), Tekun Nasional and Dana Kemakmuran Bumiputera.

“I believe that through the allocation received, PUNB will strengthen its Bumiputera business development strategy in order to create resilient and progressive entrepreneurs who contribute to the national economic growth,” Ismail said at the Ikon Inspirasi Impian ceremony organised by PUNB today. – Bernama, November 30, 2021.


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  • Here we go again. All are equal but some are more equal than others.

    Posted 4 years ago by Malaysia New hope · Reply