News | Putrajaya sets aside RM400bil for development projects
KUALA LUMPUR: The government will allocate RM400 billion under the 12th Malaysia Plan for development projects, both existing and new ones, the prime minister said.
Ismail Sabri Yaakob said the Covid-19 pandemic had forced the government to focus less on development projects, placing priority instead on overcoming the health crisis.
Ismail added that the 12th Malaysia Plan – which he described as a holistic one – would focus on nine main areas.
These included stimulating the economy and eradicating hardcore poverty as well as reducing the income gap. – FMT
by Sean Augustin and Minderjeet Kaur
credit photo: Bernama