Bank Negara allocates RM2b for relief, recovery


Bank Negara Malaysia (BNM) has announced an additional allocation of RM2 billion for the Targeted Relief and Recovery Facility (TRRF), as well as the establishment of a RM200 million Disaster Relief Facility (DRF) 2021.

KUALA LUMPUR: Bank Negara Malaysia (BNM) has announced an additional allocation of RM2 billion for the Targeted Relief and Recovery Facility (TRRF), as well as the establishment of a RM200 million Disaster Relief Facility (DRF) 2021.

In a statement today, BNM said the additional allocation brings the TRRF to a total of RM4 billion, and the facility is available until Dec 31,2021, or until full utilisation, whichever is earlier.

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