KUALA LUMPUR, Dec 19 — The government has provided a total allocation of RM200 million in efforts to address the impact of floods and activation of all disaster networks of Government-Linked Investment Companies and Government-linked companies .
Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said the Ministry of Finance will expedite the distribution of RM50 million to the National Disaster Management Agency and National Disaster Relief Trust Fund to ensure the continuity of assistance to household affected by the floods. He said the government will also increase the rate of financial aid to RM1,000 from RM500 for each household affected by the Northeast Monsoon or other natural disasters declared by the Central Disaster Management Committee. — Bernama
20% for the persons handling out the contract. 20% for the middle man. 20% profit for the contractor .. 10% to lubricate the local Napoleons. Balance 30% to run the project. Hopefully the rm60million can see the daylight of completed projects.
That money shouldve gone to AVOIDING and PREVENTING the flood.