Felda: Govt committed to complete recovery plan implementation, says Finance Ministry

📆 09/07/2023 12:02:00
📰 staronline

⏱ Reading Time:
33 sec. here
2 min. at publisher
📊 Quality Score:
News: 17%
Publisher: 75%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

KUALA LUMPUR: The Unity Government is committed to ensuring the implementation of the Felda recovery plan, which includes the settlement of settlers’ debts as previously announced, is completed.

Accordingly, the Finance Ministry said the government has approved a government guarantee of up to RM9.9bil for the agency to issue sukuk.

On June 28, the government announced an agreement involving a government guarantee to restructure the agency's loan via the issuance of sukuk and revolving credit as part of efforts to restore Felda's financial position. "Budget 2021 and Budget 2022, tabled by Perikatan Nasional, have no provision to settle and dispose of Felda settlers’ debt. I stand by this record.

Meanwhile, Felda's new chairman Datuk Seri Ahmad Shabery Cheek admitted that Tan Sri Muhyiddin Yassin had already announced during his tenure as the prime minister that he would pay RM1bil a year for 10 years from 2022, but this was not implemented.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Finance ministry: Govt committed to complete Felda recovery plan implementationKUALA LUMPUR, July 9 — The Unity Government is committed to ensuring the implementation of the Felda recovery plan, which includes the settlement of settlers’ debts as...
La source: malaymail - 🏆 1. / 86 Lire la suite »