Federal Govt widens 2020 fiscal deficit target to stimulate growth
KUALA LUMPUR (Oct 11): The 2020 Budget deficit target has been revised to 3.
Malaysia's total debt, liabilities rose to RM1.17t as at end-June
Total debt, liabilities expanded to 77% of GDP, versus 75.
FLASH: Rationalization process of Pan Borneo Highway generated RM1.2b in savings
The cost rationalization process of Pan Borneo Highway has so far generated RM1.
FLASH: Bridging the urban, rural gap
To bridge the urban and rural gap, the government will expand the coverage of basic infrastructure for rural areas, especially for Sabah and Sarawak.
FLASH: RM10m for joint Government-UN Sustainable Development Goals
RM10 million towards a joint Government-UN Sustainable Development Goals (SDG) fund to co-finance SDG initiatives in Malaysia.
FLASH: RM85m for new villages
To support the development and improvement of basic infrastructure in new villages, the government will provide RM85 million in 2020.
FLASH: Minimum wage for workers in first-tier cities hiked to RM 1,200
Suggestion to increase minimum wage for workers in first-tier cities to RM 1,200.
FLASH: Continuing with Bandar Malaysia
The Government has decided to continue the Bandar Malaysia project which spans 486 acres in Sungai Besi, Kuala Lumpur after negotiating to obtain better terms for the government.
FLASH: Govt will dispose of previously approved assets through open tenders
The government will dispose of previously approved assets but through open tenders and not direct negotiations.
FLASH: RM15m for the Bandar Selamat
The government will allocate RM15 million for the Bandar Selamat initiative and will cooperate with the local authorities to prepare road lamps, motorcycle parking areas with a safety and anti-Panjat fence and other security programmes.
