Tengku Zafrul: RM83mil set aside through GDRN to help flood victims


Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz

KUALA LUMPUR: Funds amounting to RM83 million including grants of RM25 million by the government is being channelled through Government-Linked Companies (GLC) and Government-Linked Investment Companies (GLIC) Disaster Recovery Network (GDRN) to help flood victims, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

He said the GLICs and GLCs will contribute RM58 million to address the floods, an increase of over 100 per cent compared with RM25 million announced previously.

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