Govt to waive RM233.8mil of Felcra settlers' debts, says PM


Photo: Bernama

TAPAH: A total of RM233.8mil in debts owed by Felcra settlers will be written off by the government, says Datuk Seri Ismail Sabri Yaakob.

“We have learned there are more than 300 Felcra projects with lower viability and that over 20,000 settlers owe millions in debt.

“I understand the situation. How can the settlers pay their debts when they barely have any income?

“A suggestion was made to waive the debts and we (the government) agreed,” the caretaker Prime Minister said at a programme with Felcra, Risda and Jakoa smallholders at Dewan Arena Merdeka here on Monday (Oct 17).

ALSO READ: No change in PM choice

Ismail Sabri said the next step would be having a meeting to discuss the procedures and terms.

“However, we can’t have any meetings yet since Parliament has been dissolved.

“We will make it come true if my friends (the Cabinet) and I can meet again after GE15,” he said.

ALSO READ: PM: 74,000 Felcra participants to receive RM181.5mil in taxable profits

Earlier, Ismail Sabri said nearly 75,000 Felcra settlers will receive RM181.5mil in taxable profits.

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

Next In Nation

KKB polls: Kuala Kubu Baharu voters go to the polls tomorrow
Teen biker killed, pillion rider hurt in collision in Johor
All about EPF’s Account 3
Foreigners find paradise on a budget
Taiwanese superstars scale Mt Kinabalu
SPM 2023 results to be announced on May 27
M’sia ceased distributing AstraZeneca vaccine ‘long ago’, says doctor
Update of syllabi needed
DPM: Ensure water sustainability to avoid crises in future
M’sia warned of potential financial abuse by rogue nations

Others Also Read