Budget 2024: RM72mil allocated for Malaysia’s Olympic gold quest


KUALA LUMPUR: In a bid to boost Malaysia's efforts to land its first Olympic gold medal at the Paris 2024 Games, the government is allocating RM72mil to strengthen the athlete podium event ecosystem and the implementation of the Road to Gold initiative.

Prime Minister Datuk Seri Anwar Ibrahim, who is also the Finance Minister, said that of the total amount, RM20mil is allocated under the Road to Gold initiative as preparation for Malaysia's quest for its first Olympic gold at the 2024 edition in Paris.

"We celebrate the success of our national heroes and heroines who brought glory to the country at the (recent) Hangzhou Asian Games by winning 32 medals.

"Sports is a key platform towards building solidarity among Malaysians. Despite our difference in race and religion, our diversity does not in any way dampen the spirit of sportsmanship," he said when tabling Budget 2024 at the Dewan Rakyat on Friday (Oct 13).

To empower the athlete ecosystem, he said a total of RM12mil is provided for the National Sports Council (NSC) for training programmes and athlete preparations for international para multi-sports Games.

"I am sure everyone saw the inspirational story of Aqil Naufal, a student of Sekolah Kebangsaan Felda Lepar Utara 1, Pahang who showcased the spirit of sportsmanship despite his condition.

"Aqil's dream of playing football came true when he received government assistance and guidance from the Malaysia Amputee Football Association," he said.

Anwar said that RM50mil is set aside for the maintenance and upgrading of youth and sports facilities nationwide, especially for dilapidated infrastructure.

He added that the government will also continue to provide a matching grant of RM50mil to encourage the hosting of prestigious sports events by sports organisations and the private sector as the response this year was very encouraging.

"Tomorrow is National Sports Day. The government will continue to amplify sports and recreational programmes for the people, including swimming programmes for children, persons with disabilities (PwDs) and the elderly from less fortunate families.

"The organisation of sports and recreational activities to help senior citizens stay active and healthy will also be increased," he said.

Family camping programmes will also be implemented by making available Youth and Sports Ministry facilities at a minimum rate in six national Wawasan Camp sites, such as Ulu Sepri, Rembau in Negeri Sembilan and Ulu Kenas, Kuala Kangsar in Perak.

Anwar said the government proposed a special tax exemption for sports activities and purchase of sports equipment be limited to RM1,000 and this exemption will also be expanded to cover sports training fees. – Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

KTMB provides two additional ETS trains for Christmas, school holidays
Cops use drones to investigate and monitor errant officers
MCA's 'you-can-do-it' man Lee Hack Teik honoured after his passing
Sabah adopts new law to regulate Islamic adoptions
MetMalaysia issues thunderstorm warning in nine states till 6pm today
Malaysia aims for greater logistics and transport integration as Asean chair
Helmet exchange counter a hit at two years of Madani govt programme
No plans to raise retirement age for civil servants, says minister
Fair to all on Friday: Netizens laud Johor's two-hour break
Sabah to restore 400,000ha of degraded forest as timber plantations

Others Also Read