Govt allocates RM200mil to address flood impact, says Tengku Zafrul

KUALA LUMPUR: The government has provided a total allocation of RM200mil in efforts to address the impact of floods and activation of all disaster networks of government-linked investment companies (GLICs) and government-linked companies (GLCs).

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the Ministry of Finance (MOF) will expedite the distribution of RM50mil to the National Disaster Management Agency (Nadma) and National Disaster Relief Trust Fund (KWABBN) to ensure the continuity of assistance to households affected by the floods.