How Much Will Be Taken From National Trust Fund Govt Asked


 
IDEAS CEO Tricia Yeoh says the government must make clear the quantum it plans to take from KWAN to buy vaccines.PETALING JAYA: Putrajaya has been urged to disclose exactly how much it intends to withdraw from the National Trust Fund (KWAN) for vaccine expenses.
The Institute for Democracy and Economic Affairs (IDEAS), in a statement, called for greater transparency and accountability from the government, with some RM17.4 billion reportedly parked under the trust fund.
It noted that RM5 billion had already been allocated previously for vaccines through the budget, with RM3 billion in the 2021 budget and an additional RM2 billion announced in March.
IDEAS CEO Tricia Yeoh urged Putrajaya to provide more details on how the money will be spent, saying clarification was needed as to why more funds were now required for the vaccination initiative.
She said the emergency ordinance that allowed Putrajaya to tap into KWAN had set a precedent for further dipping into the trust fund, from which the government had made only one withdrawal since 1988.
“Ultimately, KWAN is the only oil-related fund in Malaysia. Considering how this country is heavily dependent on oil and gas revenue, the governance of this fund is crucial.
“A total of RM17.4 billion has been accumulated after 33 years of the trust fund’s existence, and these savings should be considered a precious resource for future generations, only to be used in extraordinary and emergency circumstances.
“In the long term, the government must look into implementing more specific withdrawal rules for KWAN, such as setting an agreed-upon percentage of the fund that can be withdrawn to ensure budget stability,” she said.
She also said Putrajaya could have financed additional spending through more borrowings rather than dipping into KWAN.
She maintained that parliamentary oversight was crucial, calling for Parliament to be allowed to reconvene soon. - FMT


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2021/04/how-much-will-be-taken-from-national.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MalaysiansMustKnowTheTruth+%28Malaysians+Mus

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Dipping Into National Trust Fund Shows Lack Of Govt Effort Says Economist

Dipping Into National Trust Fund Shows Lack Of Govt Effort Says Economist

papar berkaitan - pada 28/4/2021 - jumlah : 164 hits
It s quite alarming that the finance minister is saying there is a crisis when he had previously been reassuring us that the economy was in good shape and fixed for healthy growth this year So this appears to be mixed messaging Economists h...
How Soon Is Soon Govt Asked On Undi18 Implementation

How Soon Is Soon Govt Asked On Undi18 Implementation

papar berkaitan - pada 29/4/2021 - jumlah : 227 hits
Putrajaya has been urged to provide a timeline for when the voting age will be lowered to 18 This is after de facto Law Minister Takiyuddin Hassan said the Election Commission was working to implement Undi18 soon The Young Voters Associatio...
Use Of Trust Fund Money A Sign Of Inefficiency Says Pejuang Man

Use Of Trust Fund Money A Sign Of Inefficiency Says Pejuang Man

papar berkaitan - pada 26/4/2021 - jumlah : 260 hits
Pejuang committee member Tariq Ismail Mustafa said Putrajaya was inefficient in managing national finances PETALING JAYA Putrajaya should not have to tap into the National Trust Fund for vaccine expenses if it had managed the economy better...
Only Parliament Can Change Terms Of Use For Public Trust Fund

Only Parliament Can Change Terms Of Use For Public Trust Fund

papar berkaitan - pada 25/4/2021 - jumlah : 227 hits
From Hafiz HassanKWSP is a well known acronym for Kumpulan Wang Simpanan Pekerja The name says it all It is employees savings But KWAN is little known No it s not a surname It is an acronym for Kumpulan Wang Amanah Negara It is a trust fund...
How Will A New Deputy Minister Put Food On The Table Asks Syed Saddiq

How Will A New Deputy Minister Put Food On The Table Asks Syed Saddiq

papar berkaitan - pada 16/4/2021 - jumlah : 257 hits
Former minister Syed Saddiq Syed Abdul Rahman says the government seems to have enough money to appoint a new deputy minister PETALING JAYA Former youth and sports minister Syed Saddiq Syed Abdul Rahman has questioned the need to appoint a ...
Mp Why Tap Trust Fund For Vaccines What Happened To Rm3b Budget

Mp Why Tap Trust Fund For Vaccines What Happened To Rm3b Budget

papar berkaitan - pada 22/4/2021 - jumlah : 190 hits
Klang MP Charles Santiago questioned why Putrajaya is tapping the National Trust Fund when RM3 billion was allocated for the procurement of Covid 19 vaccines under Budget 2021 Charles said the government should explain if this was an additi...
Third Covid Wave Will Kill Or Hospitalize 60 To 70 People Who Took Both The Vaccine Doses Says Official Uk Govt Model

Third Covid Wave Will Kill Or Hospitalize 60 To 70 People Who Took Both The Vaccine Doses Says Official Uk Govt Model

papar berkaitan - pada 30/4/2021 - jumlah : 349 hits
According to projections by UK s top modelling agency the thrid wave of COVID 19 spike will hospitalize and kill 60 to 70 of those people who took both the vaccine doses The paper suggests that the resurgence in both hospitalisations and de...
Schools Hit By Covid 19 Will Close For 2 Days In New Govt Directive

Schools Hit By Covid 19 Will Close For 2 Days In New Govt Directive

papar berkaitan - pada 22/4/2021 - jumlah : 360 hits
Any school that reports even one case of Covid 19 will be closed for two days under a new directive from the Education Ministry Deputy Education Minister Mah Hang Soon said the directive which takes effect today was decided in a meeting cha...
Us Govt Knew Goldman Sachs Wiped Data From Exec S Phone Court Told

Us Govt Knew Goldman Sachs Wiped Data From Exec S Phone Court Told

papar berkaitan - pada 13/4/2021 - jumlah : 172 hits
Former banker Tim Leissner was chairman of Goldman Sachs Southeast Asia PETALING JAYA The US government has been aware for four years that Goldman Sachs is in possession of four mobile phones used by its former executive Tim Leissner but ha...
Pengalaman Menarik Menaiki Langkawi Skycab Menuju Ke Langkawi Skybridge

A Triple Somersault Wearing A Sarong In C Wealth Games 2026

Pembangkang Perlu Ketepi Ego Contohi Langkah Ph Meterai Mou Bersama Kabinet Ismail Sabri

Perunding Berdaftar Harta Pusaka Islam Hans Legacy Sdn Bhd

Ibis Styles Iskandar Puteri Buffet Berbuka Puasa

Rawatan Urutan Badan Chiropractic Dan Acupressure Dari Tukang Urut Skudai

Indonesia Perkenal Insentif Tingkat Jualan Kereta Elektrik

Penurunan Wall Street Didorong Oleh Sektor Teknologi Dan Kadar Fed



Info Dan Sinopsis Drama Berepisod Hero Seorang Cinderella Musim 2 Astro Ria

10 Filem Drama Seram Melayu Berhantu Terbaru 2024 Mesti Tonton

5 Budaya Barat Yang Dah Jadi Ikutan Pasangan Melayu

Info Dan Sinopsis Drama Berepisod Wanita Syurga Slot Akasia TV3

5 Fakta Tentang Dragonball Mutiara Naga Yang Anda Perlu Tahu


Resepi Sambal Terung

Naik Lrt Mrt Kl Central Ke Star Hill Pavilion 2024

Jangan Pernah Berhenti

Resepi Kfc Double Down

Lokasi Tapak Bazar Ramadan Sekitar Shah Alam 2024

Ains Nilam Kpm Advance Integrated Nilam System