KUALA LUMPUR: The government had only tapped into the National Trust Fund (KWAN) twice since its establishment nearly 40 years ago, including to purchase Covid-19 vaccines, says Deputy Finance Minister Liew Chin Tong.
“After almost 40 years, KWAN’s net assets had grown to RM22.43 bil in 2024. Since its establishment, Petronas has remained the sole contributor to KWAN, with total contributions amounting to RM13.5bil,” he said when tabling the National Trust Fund Bill 2026 for its second reading in the Dewan Rakyat on Thursday (July 16).
