‘Cabinet to get PTPTN paper’

  • Nation
  • Tuesday, 16 Jul 2019

A PEOPLE’S Consultative Paper (KKR) will be tabled to the Cabinet on a new mechanism for the repayment of National High Education Fund Corpo­ra­tion (PTPTN) loans, says Education Minis­­­ter Dr Maszlee Malik (pic).

He said the findings of KKR, which was made public from May 16 to June 13, would be fine-tuned by a special advisory panel in order to identify the best proposals.

“For the period from 2013 to May 2019, PTPTN managed to collect repayments amounting to RM6.23bil from 1.13 million borrowers,” he told Mohd Shahar Abdullah (BN-Paya Besar) during Question Time.

Mohd Shahar had asked the ministry whether there were any new strategies introduced in order to encourage borrowers to pay back their PTPTN loans.

According to Maszlee, the highest age group that made repayments was between ages 20 and 29.

“They had made repayments of RM3.30bil.

“For those in the age group of 30 to 39, a total of 449,403 borrowers settled RM652.96mil in debts.

“A total of 33,047 borrowers in the age group of 40 to 49 made loan repayments worth RM228.441mil.

“This is followed by a total of 2,531 borrowers in the 50 to 59 years old age group, which made repayments worth RM16.148mil.

“Some 80 people in the 60 and above age group made repayments worth RM367,234.42,” he said.

Meanwhile, the ministry has identified 113 schools in Sarawak that will be provided with electricity supply.

Maszlee said it would continue to update the number of schools in Sarawak from time to time so that all schools would be connected to the state’s electric grid.

He said all connectivity work would be implemented by the state government via Sarawak Energy Bhd (SEB).

“This year, the Sarawak government conducted 21 site surveys at government-aided schools in order for them to be connected to the first phase of the electricity grid,” he told Larry Soon (PH-Julau) during Question Time.

Soon was asking the ministry on the latest implementation of the electricity project, especially for schools in Sarawak’s rural areas.

Maszlee explained, however, that the additional five schools were too far away and not suitable for a connection to the grid.

“The Sarawak government is in the midst of offering a tender and the successful company is expected to go to the site in September this year,” he said.

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