Budget 2022: RM40bil SemarakNiaga financing for 'Malaysian Family' to revitalise businesses


KUALA LUMPUR (Bernama): Financing packages worth a total of RM40bil will be provided under the Program Semarak Niaga Keluarga Malaysia (SemarakNiaga) for 2022 in an effort to rejuvenate businesses, especially micro, small and medium enterprises (MSME) and the informal sector.

When tabling Budget 2022 in the Dewan Rakyat on Friday (Oct 29), Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the scheme involves direct loans, credit guarantees and equity injection aimed at benefitting every group of entrepreneurs, including micro enterprises and public-listed companies.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Parents: Give us more time to gauge readiness of our kids
New entry tests for Year One to be unveiled soon
RTS Bill facing tight deadline
Early Year One entry may strain schools further
Star power boosts Warisan’s campaign
Fragility hip fracture a silent killer
Officers and eatery owner charged over counter-setting
A third of Malaysia’s water pipes past their prime
‘Diagnostic tests are harmless’
DIPN TO REDUCE RELIANCE ON FOREIGN TECH

Others Also Read