EconomyNews

SEIZED CORRUPTION FUNDS TO BE CHANNELLED BACK TO HEALTHCARE AND SCHOOLS

PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim announced that billions of ringgit in funds and assets seized through legal proceedings involving illegal activities and corruption will be returned to the public, with priority given to strengthening Malaysia’s education and healthcare sectors.

For education, the government will increase maintenance funding for all types of schools by 50 per cent, from RM1 billion to RM1.5 billion. The allocation covers national schools, Chinese and Tamil vernacular schools, religious schools, tahfiz and pondok institutions, as well as special education facilities. Infrastructure improvement works are expected to begin as early as next month.

In healthcare, Anwar said RM1 billion will be provided through the Malaysian Communications and Multimedia Commission (MCMC) to strengthen digital capabilities. This includes electronic medical records and better internet connectivity across 150 public hospitals and more than 2,000 health clinics, with the aim of speeding up treatment and reducing patient waiting times.

Anwar made the announcement during his 69th National Day Address, stressing that money recovered from corruption and other illegal activities should ultimately be used to benefit ordinary Malaysians. The government also announced several other initiatives that will take effect from September 1, 2026.

Advertisement

Related posts
News

NEW-GENERATION MYKAD WILL NO LONGER INCLUDE TOUCH ’N GO FUNCTION

Malaysia’s upcoming new-generation MyKad will no longer feature the Touch ’n Go function…
Read more
EconomyNews

GOVERNMENT EXTENDS ELECTRICITY BILL PROTECTION TO HOUSEHOLDS USING UP TO 800 kWh

The government has expanded electricity bill protection for domestic consumers using up to 800…
Read more
EconomyNews

RON97, UNSUBSIDISED RON95 AND DIESEL PRICES RISE BY 35 SEN

Retail prices for RON97, unsubsidised RON95 and unsubsidised diesel will each increase by 35 sen per…
Read more