Page 170 - Official Year Book 2019
P. 170
RODUCTION
The Ministry of Economic Affairs (MEA) is a new ministry established on 12 May 2018 after the
14th General Election (GE-14).
The ministry takes over most of the roles and functions previously performed by the Economic Planning Unit (EPU), Prime Minister’s
Department. YB Dato’ Seri Mohamed Azmin Ali has been appointed Minister of Economic Affairs and has begun his work on 22 May 2018
and YB Senator Dr. Radzi Jidin was appointed as Deputy Minister.
MEA is responsible for coordinating the development of the country’s overall socio-economic development plan, carrying out socio-economic research
as well as defining and distributing the development allocation ceiling. To strengthen the national socio-economic development planning process, MEA
functions have been restructured and strengthened with the implementation and monitoring of policy functions and programs at national, regional and
state levels. Implementation and monitoring of policies at the MEA level are supported by 31 agencies under the supervision of the MEA.
ACTIVITIES & advance income and issuance of RM2.5 billion Government-guaranteed
ACHIEVEMENTS sukuk to restructure the existing loan with financial institutions.
FELDA WHITE PAPER
Through the white paper, the government outlined new directions to
restore FELDA’s reputation and sustainability in driving socio-economic
development thus benefiting the FELDA community.
Through the plan, the Government has allocated financial assistance FELDA White Paper was tabled in Parliament by YB Dato’ Seri Mohamed Azmin Ali,
amounted to RM6.23 billion in the form of grants, loans and government Minister of Economic Affairs on the 10 April 2020 as a proactive steps to provide
guarantees for the period 2019-2025 including RM2.0 billion to information on the actual situation and issues faced by FELDA.
write off interest on settlers’ Loan, RM250 million for completing
the construction of 4,794 units of FELDA New Generation Housing,
RM1.0 billion for additional income program through the Settlers’
Development Program, RM480 million for living allowance and
158 MALAYSIA BAHARU 2019: Official Year Book
The Ministry of Economic Affairs (MEA) is a new ministry established on 12 May 2018 after the
14th General Election (GE-14).
The ministry takes over most of the roles and functions previously performed by the Economic Planning Unit (EPU), Prime Minister’s
Department. YB Dato’ Seri Mohamed Azmin Ali has been appointed Minister of Economic Affairs and has begun his work on 22 May 2018
and YB Senator Dr. Radzi Jidin was appointed as Deputy Minister.
MEA is responsible for coordinating the development of the country’s overall socio-economic development plan, carrying out socio-economic research
as well as defining and distributing the development allocation ceiling. To strengthen the national socio-economic development planning process, MEA
functions have been restructured and strengthened with the implementation and monitoring of policy functions and programs at national, regional and
state levels. Implementation and monitoring of policies at the MEA level are supported by 31 agencies under the supervision of the MEA.
ACTIVITIES & advance income and issuance of RM2.5 billion Government-guaranteed
ACHIEVEMENTS sukuk to restructure the existing loan with financial institutions.
FELDA WHITE PAPER
Through the white paper, the government outlined new directions to
restore FELDA’s reputation and sustainability in driving socio-economic
development thus benefiting the FELDA community.
Through the plan, the Government has allocated financial assistance FELDA White Paper was tabled in Parliament by YB Dato’ Seri Mohamed Azmin Ali,
amounted to RM6.23 billion in the form of grants, loans and government Minister of Economic Affairs on the 10 April 2020 as a proactive steps to provide
guarantees for the period 2019-2025 including RM2.0 billion to information on the actual situation and issues faced by FELDA.
write off interest on settlers’ Loan, RM250 million for completing
the construction of 4,794 units of FELDA New Generation Housing,
RM1.0 billion for additional income program through the Settlers’
Development Program, RM480 million for living allowance and
158 MALAYSIA BAHARU 2019: Official Year Book
