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KUALA LUMPUR: Dewan Rakyat Speaker Datuk Seri Mohamad Ariff Md Yusoff decided that Finance Minister Lim Guan Eng does not have to face Parliament's Rights and Privileges Committee, leading to a brief walkout by Opposition MPs.
PETALING JAYA: A trust fund – the Kumpulan Wang Alam Sekitar – will be set up under Section 70 of the proposed new environment law that can be used, among others, to pay off informers of environment crime.
PETALING JAYA: Setting up a trust fund where contributions can be used towards better protection of the environment is a good move, say environmentalists. However, it must have a comprehensive structure and guidelines to prevent misuse.
I am pleased to announce that the Government will implement a Stimulus Package totalling RM60 billion. The package will be implemented over two years, 2009 and 2010. Of this amount, RM15 billion is fiscal injection, RM25 billion Guarantee Funds, RM10 billion equity investments, RM7 billion private finance initiative (PFI) and off-budget projects, as well as RM3 billion in tax incentives.