Current Statistic
Content View Hits : 256959
|
|
Second Economic Stimulus Package (Mini Budget RM60 billion)
| | | | For the Second Stimulus Package RM60 billion have been allocated for the year 2009 and 2010. | | | | | | Thrust 1 - Reducing Unemployment and Increasing Employment Opportunities (RM 2 billion)
| | | Thrust 2 - Easing the burden of the Rakyat, in particular, the vulnerable groups (RM 10 billion) | | | Thrust 3 - Assisting the private sector in facing the crisis (RM 29 billion) | | | Thrust 4 - Building Capacity for the Future (RM 19 billion) | | | | Thrust 1
| | Creating 163,0000 training and employment opportunities, which are:- | - 100,000 training opportunities and job placements under collaborative effort between the government and the private sector.
- 63,000 staff to fill vacancies and serve as contract officer in various government agencies.
| Thrust 2
| Easing the burden of the Rakyat, in particular, the vulnerable groups
| - Providing subsidy to avert price increases of basic necessities.
- Increasing home ownership.
- To issue syariah-compliant Savings Bonds amounting RM5 billion.
The bonds are available to all citizens aged 21 and above, with a minimum investment of RM1,000 and maximum of RM50,000. - Improving public infrastructure.
- Providing basic amenities in rural areas especially electricity and water supply, roads and it includes Sabah and Sarawak (RM580 m).
- Implementation of RM1.2 billion infrastructure projects in Sabah and Sarawak including the expansion of Sibu Airport and deepening work at Miri Port.
- Human Capital Development – builds and improved school facilities especially in rural area including Sabah and Sarawak (1.95 billion).
- Microcredit programmes to assist farmers and agro-based small businesses in rural areas (RM300 m).
- Initial allocation for Fishermen’s Welfare Fund (RM2 m).
| | | Thrust 3
| Assisting the Private Sector in Facing The Crisis
| - Working Capital Guarantee Scheme (RM5 b) to provide working capital to companies with shareholder equity below RM20 million.
- Industry Restructuring Guarantee Fund Scheme for loans to increase productivity and value added activities, as well as the application of Green Technology (RM5 b).
- Reducing Cost of Doing Businesses.
- Facilitating Access to Capital Market.
- Attracting High-Net-Worth and Skilled Individuals.
- Promoting the Automotive Sector.
- Accelerated Capital Allowance – encourage businesses to invest.
- Carry Back Losses.
| | | Thrust 4
| Building Capacity For The Future
| - Investment by Khazanah Nasional Berhad
- Off-Budget Projects
- Private Finance Initiatives (PFI)
- Liberalization of Services Sector
- Role of Foreign Investment Committee (FIC)
- Development of Creative Arts Industry
- Effective Management of Government Financial Resources
|
|
|
|
