What role will Khazanah play in implementing Budget 2022 initiatives?

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Khazanah Nasional Bhd Will Participate in Implementing Budget 2022 Initiatives

Khazanah Nasional Bhd, through its managing director Datuk Amirul Feisal Wan Zahir, has indicated its intention to actively participate in the implementation of various initiatives outlined in Budget 2022. The sovereign wealth fund and its investee companies are poised to contribute to the budget's objectives of driving economic recovery, enhancing socioeconomic inclusivity, and strengthening national resilience as Malaysia transitions out of the Covid-19 pandemic. This involvement aligns with the broader goals of the 12th Malaysia Plan (12MP).
Strengthening MSMEs Through Jalinan GLC

A key area of Khazanah's engagement will be through the Jalinan GLC initiative, specifically designed to bolster micro, small, and medium enterprises (MSMEs). This program aims to provide support and foster growth within the crucial MSME sector, which plays a significant role in Malaysia's economy. Khazanah's participation underscores a commitment to strengthening the foundational elements of the business landscape.
Supporting Employment via MySTEP and PerantiSiswa

Khazanah will also be involved in programmes aimed at addressing immediate employment needs and supporting the younger generation. The Malaysia Short-term Employment Programme (MySTEP) is designed to create job opportunities, while the PerantiSiswa Keluarga Malaysia initiative targets the provision of essential resources. These programmes reflect a focus on both current economic conditions and future workforce development.
Driving Catalytic Investments with Dana Impak

Furthermore, Khazanah remains committed to its mandate of Perkukuh Pelaburan Rakyat, which includes driving catalytic investments through its RM6 billion Dana Impak fund. This fund is intended to support initiatives that yield significant positive impact and contribute to the nation's long-term economic resilience and recovery. The strategic deployment of these funds is expected to accelerate Malaysia's return to robust economic activity as sectors progressively reopen.

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What role will Khazanah play in implementing Budget 2022 initiatives?

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