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Minister: Ministry to conduct study on why only 4pc of RM1.7b economic stimulus allocation for digital sector utilised so far | Malaysia


Saturday, 10 Apr 2021 06:23 PM MYT
Datuk Seri Mustapa Mohamed attends a session on ‘MyDigital – Blueprint Ekonomi Digital Malaysia’, February 15, 2021. Bernama pic
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JELI, April 10 Only four per cent of the RM1.7 billion allocated for the digital sector through four economic stimulus packages has been utilised, said Datuk Seri Mustapa Mohamed.
The Minister in the Prime Minister’s Department (Economy) said the government would conduct a study to find out why the utilisation rate of the allocation was so low.
“There are several schemes under the stimulus packages that involve RM1.7 billion, which is a large amount allocated by the government to help small and medium enterprises and micro (enterprises) but the level of utilisation is relatively small. ....

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