Govt to spend RM45bil this year for development projects


PUTRAJAYA: The government will spend about RM45bil in 2019 on more than 4000 development projects to spur the Malaysian economy, which has been affected by external vulnerabilities.

According to Economic Affairs Minister Datuk Seri Mohamed Azmin Ali, the benefits of the multi-billion-ringgit development expenditure would flow into the following years and ensure sustained domestic economic growth.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Azmin Ali , World Bank

Next In Business News

Malaysia needs more white knights�
City data in real time
The growth trajectory of M-REITs
TRUST AS THE NEW COMPETITIVE ADVANTAGE IN MALAYSIA'S AI ECONOMY
Europe’s AI debt rush
Asia seen as sweet spot in physical AI
Closing the university-industry gap
Cheap labour, costly future
Slow turn in earnings
French consumers cut back spending

Others Also Read