The Government has todate awarded contractors RM1.39bil worth of projects planned under the second economic stimulus package, according to the its newly launched website www.rangsanganekonomi.treasury.gov.my.
Of the RM60bil package tabled in Parliament on March 10, only RM15bil was actual extra fiscal spending by the Government.
Of this amount, the Education Ministry gets the biggest chunk – RM2.09bil.
Meanwhile, a total of RM5.59bil of the RM7bil allocated under the first stimulus package announced on Nov 4 last year, had been disbursed as at April 2.
All 38,000 projects under the first package would be rolled out by the end of this month, the website said.
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