KUALA LUMPUR: A total of RM200mil has been allocated by the government to address the impact of floods and to activate all disaster networks of government-linked investment companies (GLICs) and government-linked companies (GLCs).
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the Finance Ministry would expedite the distribution of RM50mil to the National Disaster Management Agency (Nadma) and National Disaster Relief Trust Fund to ensure the continuity of assistance to households affected by the floods.