KUALA LUMPUR, Sept 22 — The Ministry of Finance will propose raising the ceiling limit of the Covid-19 fund from RM65 billion to RM110 billion in the current parliamentary session, said Deputy Finance Minister II Yamani Hafez Musa.
“There are still several initiatives that are under implementation and these will end in December 2021, such as the Covid-19 Special Assistance , Prihatin 4.0 Special Grant, job loss assistance as well as special electricity bill discounts. Yamani said there were also delays in other small-scale programmes as a result of the movement control order , which is expected to extend into 2022.
“Of the RM91.8 billion direct fiscal injection until September 2021, a total of RM60 billion has been spent or 92 per cent of the total RM65 billion approved in Parliament through amendments to the Temporary Measures For Reducing The Impact Of Coronavirus Disease 2019 Act 2020,” he said.