KUALA LUMPUR: The Economic Planning Unit (EPU) will send a circular to the ministries, state governments, Members of Parliament (MPs) and state assemblymen (ADUN) relating to the reapplication of financial allocations under the 12th Malaysia Plan (12MP) and Budget 2022.
Minister in the Prime Minister's Department Datuk Seri Mustapa Mohamed said those who did not receive financial allocations under the 12MP and Budget 2022 but had previously made the applications for the allocations, can reapply from March next year.
The applications can be made online through MyProject system.
"As a central agency encompassing all ministries including the Ministry of Finance (MoF), we (EPU) are responsible to consider applications that have been made and any improvements would be made next year.
"At present, the EPU is more in contact with the ministries directly.
"However, based on more than 600 engagement sessions made under 12MP, the state governments, MPs and ADUN also want to be involved more intensively," he said during a winding up session on the Supply Bill 2022 at the policy level for the Prime Minister's Department (Economy) in the Dewan Rakyat today.
He said the application period would start from March 1-31, 2022.
Mustapa said since the 10MP, the government has started to consider any plan annually in terms of a rolling plan which is more elastic and flexible instead of setting a fixed amount every five years as had been done previously.
Nevertheless, he explained that the applications would also take into account the government's ability through the MoF to implement any plans.
"Amid the COVID-19 situation, the government is also facing financial constraints...we've received a lot of applications. In the spirit of the Malaysian Family, it's important to compromise, whereby the richer states will help the other states," he said.
Meanwhile, to a question on increasing the Bumiputera equities in companies, Mustapa stressed that the shareholding of 17.2 per cent by the Bumiputera community was difficult to increase.
"It is challenging as there's a tendency for the Bumiputera to sell their assets to non-Bumiputera, and secondly, due to structure issue wherein there's a policy that allows 100 per cent shareholding in manufacturing by non-Bumiputera and foreign investors.
"Hence, the government plans to amend the Companies Act related to the Malaysian Anti-Corruption Commission to demand shareholders to announce the ultimate shareholder," he explained.
Besides that, Mustapa also announced that under the agenda to eradicate hardcore poverty for household income below RM1,169 per month, the EPU would start an integrated pilot project by selecting two areas in each state in the peninsula and four or five areas in Sabah and Sarawak.
"This one-off project for two years will get all parties together including government departments, universities, non-governmental organisations and Islamic religious councils to assist in generating income for this group. It will start next year and hoped this approach that is more holistic can avoid overlapping and wastage of resources," said Mustapa.
-- BERNAMA
Bernama
Mon Nov 15 2021
Mustapa said EPU will send a circular to the ministries, state governments, MPs and ADUNs relating to the reapplication of financial allocations under the 12th Malaysia Plan (12MP) and Budget 2022. - Jab Penerangan photo
July 2025 end of the road for NGV-powered vehicles
Anthony Loke says some users have modified their vehicles by installing cooking gas (LPG) cylinders, which is extremely dangerous.
US music supremo Quincy Jones, who worked with Sinatra and Jackson, dies aged 91
Quincy Jones was a trumpeter, bandleader, arranger, composer, producer and winner of 27 Grammy Awards.
Malaysia complains to Vietnam over South China Sea reef expansion, sources say
Malaysia's letter was sent to Vietnam's foreign ministry in early October but has so far received no reply, two officials said.
Volcanic eruption burns houses in Indonesia, killing at least 10 people
Fiery lava and rocks hit the nearest settlements around four kms from the crater, burning and damaging residents' houses.
Defence applies for transfer of Muhyiddin's case to High Court
In the same proceedings, the judge also granted Muhyiddin an exemption from attending the next mention hearing due to logistical reasons.
Protests over Spain flood response interrupt king's visit to stricken Valencia suburb
Residents protest during a visit by Spanish King Felipe, Queen Letizia, and PM Pedro Sanchez, with some throwing mud at them.
[COLUMNIST] From misogyny to extremism: A call for gender mainstreaming in P/CVE
Gender discrimination has far-reaching societal consequences that extend beyond commonly acknowledged impacts.
Israel terminates cooperation with UNRWA - Ambassador to UN
Israel terminates its cooperation with the United Nations Relief and Works Agency for Palestine Refugees in the Near East, Israeli ambassador to the UN, Danny Danon, announced.
India hands out fines to owners of polluting vehicles, building sites
New Delhi is the world's most polluted major city, Swiss group IQAir said in its live rankings.
Pressure on Israel: I have taken steps beyond willingness of other countries - PM
Datuk Seri Anwar Ibrahim said when it comes to Israel, the govt cannot make rhetorical decisions merely to attract public attention.
PM to deliver Malaysia's mandate to stop Israel's war crimes at Arab-Islamic Summit
Datuk Seri Anwar Ibrahim says his participation at the summit, is to bring the mandate of the Malaysian Parliament.
Trump says he wouldn't mind if someone shot through 'the fake news' to get him
Donald Trump complained to supporters about gaps in the bullet-proof glass surrounding him as he spoke.
No casualties reported following Pandan Indah landslide
The authorities are awaiting a slope expert's analysis before retrieving a vehicle and that no casualties were reported.
Malaysia establishes global society to promote exercise medicine against NCDs
ISEM aims to redefine exercise not just as a lifestyle choice but as a vital intervention for disease prevention.
UN draft resolution: M'sia proposes expelling Israel from UN if there is legal violation - PM
PM says the draft resolution is in the negotiation process and is expected to be tabled at the UN General Assembly for approval soon.
Motorcycling - Miller says he was lucky to walk away from Malaysian GP crash
Australian Jack Miller said luck was on his side when the Red Bull KTM rider survived a nasty crash in the opening lap.
[COLUMNIST] From definition to defence: Navigating the complexities of terrorism
The definition of terrorism has evolved over time, shaped by socio-political contexts like revolutions, regimes, repression, and wars.
PM to visit CIIE 2024, officiate Malaysia Pavilion - MATRADE
The Malaysia Pavilion provides a platform for Malaysian companies to gain visibility and explore growth in the Chinese market.
Thunderstorm issues thunderstorm warning for KL and eight states
According to MetMalaysia, thunderstorms, heavy rain and strong winds are expected until noon today.
Soccer - Caicedo's strike ruins Man United's celebrations in 1-1 draw with Chelsea
With the draw, Manchester United climbs one spot in the table to 13th after 10 games.