News by EdgeProp.my

Finance Minister Lim Guan Eng in tabling Budget 2020 in Parliament today said the government will offer this scheme in collaboration with financial institutions.

The savings enable the Government to plan for other projects to drive economic growth including Sabah and Sarawak such as the 165km Trans Borneo Highway connecting Sabah and Sarawak to East Kalimantan.

For 2020, about RM587 million will be allocated for the Rural Water Supply Project, of which RM470 million is for Sabah and Sarawak to meet the 99% target of access to clean water.  

RM10 million towards a joint Government-UN Sustainable Development Goals (SDG) fund to co-finance SDG initiatives in Malaysia.

To support the development and improvement of basic infrastructure in new villages, the government will provide RM85 million in 2020.

Suggestion to increase minimum wage for workers in first-tier cities to RM 1,200. Implementation to start in 2020.

The project will include a people's park, with an increase of 5,000 units of affordable houses and an increase in the involvement of Bumiputera contractors in the project.

The move is expected to generate revenue for the country exceeding RM3 billion in 2020.

Will cooperate with the local authorities to prepare road lamps, motorcycle parking areas with a safety and anti-Panjat fence and other security programmes.

In 2020, the government will allocate a total of RM100 million to ensure that the services of elevator, electrical wiring, sewerage pipes and roofing are safe and in good condition.