The government will ensure the implementation of RM2 billion worth of small projects announced in the 2020 Economic Stimulus Package (PRE2020) to start next month, said Prime Minister Tan Sri Muhyiddin Yassin.
The implementation of the projects will be monitored by the chief secretary to the government Datuk Seri Mohd Zuki Ali and its weekly report handed to him, he said.
"The projects will focus on rural infrastructure development and it will be implemented by small Bumiputera contractors.
"The Finance Ministry has issued a Circular effective March 16, 2020 to raise the ceiling of the vote from RM50,000 to RM100,000 and the quotation from RM500,000 to RM800,000," he told a press conference after chairing the first meeting of the Economic Action Council (MTEN), here today.
Muhyiddin also said the government would continue the implementation of all projects allocated in Budget 2020 including the East Coast Rail Link (ECRL), Mass Rail Transit 2 and the National Fiberisation and Connectivity Plan (NFCP).
Meanwhile, the Prime Minister also said the government would strengthen the function and structure of the EAC to ensure sustainable domestic economic growth as well as in increasing the confidence of domestic and foreign investors.
He also outlined the main functions of the EAC -- to identify current economic issues and takes action to ensure the economy remains sustainable as well as mitigating the impact of global economic uncertainty.
EAC will also identify issues and problems that inhibit economic growth and device remedial measures to stimulate economic growth.
Other functions of the EAC includes formulating short and medium-term action plans to stimulate economic growth, increasing foreign and domestic investment as well as determining socio-economic development for the well-being of the people.
It will also ensure decisions made by the EAC are implemented promptly.
"The EAC will be assisted by an officers level committee, a technical committee and several working groups. The Prime Minister will chair the highest level committee," he said.
He said the Finance Ministry, the Economic Planning Unit and the Prime Minister's Department would be the joint secretariat of the EAC, becoming the focal point to coordinate relevant discussions and to monitor decisions made by the council.
"A communication team will be set up under this joint secretariat to coordinate all announcement and to manage the information flow about EAC. The joint secretariat will be headed by an executive chairman.
"EAC will hold a meeting once in a week to discuss current economic issues and oversee proposals which needed urgent decision in order to stimulate the domestic growth," added Muhyiddin.
-- BERNAMA
Bernama
Mon Mar 16 2020
MUHYIDDIN: The projects will focus on rural infrastructure development and it will be implemented by small Bumiputera contractors. - Astro AWANI photo/Shahir Omar
Dialog Anak Muda: Belanjawan 2025: Macam mana ok?
Rasionalisasi subsidi RON95, kadar baharu gaji minima dan pemerkasaan TVET antara tumpuan dalam pembentangan Belanjawan 2025. Analisis isu-isu ekonomi diteruskan dalam Dialog Anak Muda 8.30 malam ini.
AWANI Tonight: Belanjawan 2025: What are the hits and misses
Bait al-Amanah's Benedict Weerasena shares his thoughts on the hits and misses of Budget 2025, which sees an allocation of RM421 bil, a 3.3% increase from the previous year.
AWANI Tonight: Key highlights from Belanjawan 2025
Key highlights from Belanjawan 2025, which includes increased allocations for Sumbangan Tunai Rahmah (STR), tax reliefs for first home buyers, and cash aid for singles, among other reforms.
PDRM pastikan insentif Belanjawan 2025 dimanfaatkan sepenuhnya - KPN
PDRM akan memastikan semua perkara yang diumumkan dalam Belanjawan 2025 untuk pasukan keselamatan itu, akan dimanfaatkan sepenuhnya.
AWANI Tonight 18 Oct 2024
#AWANITonight with @_farhanasheikh
1. Belanjawan 2025: PM unveils record RM421 bil expenditure
#AWANIEnglish #AWANINews
1. Belanjawan 2025: PM unveils record RM421 bil expenditure
#AWANIEnglish #AWANINews
It's About YOUTH: Rethinking the workplace for the younger generation
Celine Ting (@celinetingkl) from OpenAcademy and Anas Hayyan (@anashayyan) from Asian Strategy & Leadership Institute (ASLI) discuss strategies for retaining and developing today's workforce, with a focus on meeting Gen Z's expectations while boosting productivity. #ItsAboutYOUth
345,000 rakyat Palestin di Gaza berdepan krisis kebuluran pada musim sejuk ini - PBB
Terdapat peningkatan ketara daripada 133,000 individu yang kini diklasifikasikan sebagai mengalami "krisis ketidakjaminan makanan."
Dua lelaki ditahan bantu siasatan penyeludupan warga Myanmar
Dua lelaki itu ditahan bagi membantu siasatan mengikut Seksyen 26J Akta Antipemerdagangan Orang dan Antipenyeludupan Migran 2007 (Akta 670).
Belanjawan 2025: Peruntukan RM5.8 bilion langkah penting perkukuh ATM - PAT
Peruntukan sebanyak RM5.8 bilion untuk perolehan aset strategik serta kerja penyelenggaraan dan pembaikan dilihat sebagai langkah penting dalam usaha memperkukuh Angkatan Tentera Malaysia (ATM).
Kes pukul: Dia rakyat beta, beri keadilan sekarang - Tengku Hassanal
Tengku Mahkota Pahang dalam kemas kini di Instagram Story bertitah, keadilan bukan sahaja perlu perlu dilaksanakan, tetapi ia juga mesti dilihat dilaksanakan.
COVID-19: Tiga kes kematian dicatat, ini lima tumpuan kenyataan media KKM
Terdapat 108 kes positif COVID-19 yang sedang dirawat di Unit Rawatan Rapi (ICU), di mana 47 kes memerlukan bantuan pernafasan.
Sultan Perak, Sultan Selangor, Sultan Johor antara yang hadir ke Istana Negara
Pertemuan itu dijangka bagi membincangkan beberapa cadangan yang dipersembahkan oleh kerajaan terutamanya mengenai penularan COVID-19.
Pusat Jagaan Darul Hanan ambil langkah pengasingan penghuni, pekerja
Difahamkan seorang wanita warga emas yang baru masuk ke situ minggu lepas disahkan COVID-19 kelmarin.
COVID-19: Tiga lagi sekolah di Perak diarah tutup
Sebanyak tiga sekolah di Perak diarah tutup selama tujuh hari mulai hari ini selepas terdapat jangkitan wabak COVID-19 dalam kalangan pelajar di sekolah berkenaan.
Kluster Penjara Jawi: Seorang lagi pegawai penjara positif COVID-19
Pegawai wadar itu bertugas di blok baharu yang menjaga sekumpulan banduan yang dijangkiti COVID-19 sebelum ini.
SMK Lubuk China dan SK Telok Berembang di Melaka diarah tutup
Dua buah sekolah di Masjid Tanah, Melaka diarah tutup selepas seorang pelajar dari kedua-dua sekolah berkenaan disahkan positif COVID-19.
Cawangan utama BSN Kota Kinabalu ditutup, kakitangan positif COVID-19
Cawangan BSN ditutup bermula hari ini bagi melaksanakan kerja-kerja pembersihan menyeluruh.
Jepun tarik balik larangan perjalanan ke Malaysia, 11 negara lain
Sebelas negara lain termasuk China, Taiwan, Australia, New Zealand, Singapura dan Korea Selatan.
Maaflah jika Abah ini mula menggunakan rotan! - Muhyiddin
Katanya, selepas ini hukuman kompaun akan dikenakan tanpa mengira pangkat dan darjat terhadap mereka yang melanggar prosedur operasi standard (SOP) berkaitan COVID-19.
COVID-19: 691 kes baharu dilaporkan, majoriti di Penjara Alor Setar
Jumlah kes baharu positif COVID-19 yang dilaporkan hari ini ialah sebanyak 691.