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The government Thursday launched the Perkukuh Pelaburan Rakyat (Perkukuh) initiative, effectively starting the journey for six government-linked investment companies (GLICs) to execute their refreshed mandate.  Prime Minister Tan Sri Muhyiddin Yassin said the genesis of Perkukuh was to reimagine the role and renew the capabilities of Malaysia’s GLICs and comprised 20 main initiatives that would be implemented through 2024 to achieve five key outcomes.  The key outcomes included to sharpen clarity on the mandate of each GLIC; enhance focus on developmental and catalytical investments to spur new growth and enhance the socio-economic impact; and crowd-in the private sector while streamlining the role of the government and its agencies in business

Kuala lumpurMuhyiddin yassinKhazanah nasional bhdLembaga tabung angkatan tenteraPerkukuh pelaburan rakyatKumpulan wang amanah negaraDana impakPermodalan nasional bhdSecurities commissionTransformation programmeProgramme management officeCoordination unit between national agenciesProvident fundBank negara malaysiaRetirement fund incorporatedMinister tan sri muhyiddin yassin