DBKL launches endowment fund

Dr Zaliha (second from left) and Maimunah (third from left) launching the endowment fund together with Ismadi and Nor Azlina at Insitut Latihan DBKL in Cheras. — LOW BOON TAT/The Star

To strengthen fiscal security and ensure sustainable development, Kuala Lumpur City Hall’s (DBKL) has launched an endowment fund.

It operates on a “plural funding” model, combining resources from the government and external parties.