Only 48 pct allocation for govt projects utilised - minister

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Minister in the Prime Minister's Department (Economy) Mustapa Mohamed said only 48.48 percent or RM33.4 billion of the allocation for government development projects has been spent as of Aug 26. He noted that the amount spent has yet to reach half of the year’s allocation for the purpose, despite the fact that it is already September. “This has become an issue for the government as we want to revitalise the economy, but there are many factors that had affected performance, such as the Covid-19 pandemic. “However, the government, via the Works Ministry and the Public Works Department, has taken several proactive steps to accelerate the development projects,” said Mustapa (above). The minister was speaking to reporters after a briefing on the upgrading of the National Sports Council’s 14-storey dormitory and podium today. The visit was in line with Prime Minister Muhyiddin Yassin…