Sarawak has enough funds for all projects, Covid-19 aid, says Uggah
Sarawak insists that it is able to finance its three financial assistance packages amounting to RM2.55 billion despite the drop in petroleum price. – The Malaysian Insight file pic, May 11, 2020.
SARAWAK has enough funds to implement all the projects listed in its 2020 budget and also its Sarawakku Sayang aid programme to address the economic impact of the Covid-19 pandemic, deputy chief minister Douglas Uggah told the state assembly in its one-day sitting today. Funding for the projects and the aid package are from the contingency fund, microcredit schemes of the 2020 development budget, savings from unimplemented projects and from development fund account and utilising the RM1 billion special relief fund from Bank Negara.
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