GLCs, GLICs must contribute more to economy during pandemic, says finance minister

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Finance Minister Tengku Zafrul Aziz said he did not want to see GLCs and GLICs slow down on their investments because of the current economic situation.PUTRAJAYA: Finance Minister Tengku Zafrul Aziz said it is high time government-linked companies (GLCs) and government-linked investment companies (GLICs) gave larger contributions to help the government cushion the economic repercussions of Covid-19.Speaking to Sinar Harian, he also said he had started discussions with the companies on how they can assist the economy and the rakyat.“I feel that this is important, but we are still at the discussion stage,” he said.He said he could not deny that GLCs and GLICs contribute to the economy, but the government required more support from them at this time to revive the economy and open up job opportunities.“They must shift their perspective as there is pressure on the economy and peopl…