Channel additional RM45b fiscal injection into SMEs, tourism and construction industry, DAP tells Putrajaya | Malay Mail

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Channel additional RM45b fiscal injection into SMEs, tourism and construction industry, DAP tells Putrajaya

KUALA LUMPUR, Oct 20 — The additional RM45 billion fiscal injection into the economy agreed to by the government in the memorandum of understanding between the prime minister and Pakatan Harapan must not be hijacked for political purposes to fulfill pet projects, DAP secretary-general Lim Guan Eng said today.

“In the meantime, there is an urgency to release these RM45 billion in funds to the SMEs, tourism and construction industry as soon as possible to allay concerns that these funds may be utilised for political purposes, particularly with the upcoming Melaka state general elections,” he added. Bernama had reported that the additional allocation is needed to fund the four aid and stimulus packages, namely the Malaysian Economic and Rakyat’s Protection Assistance Package , National Strategic Programme to Empower the People and Economy , Pemerkasa Plus and the National People’s Well-Being and Economic Recovery Package announced by the government since the beginning of the year.

 

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