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Prime Minister Anwar Ibrahim has committed to recovering billions of ringgit lost through systemic leakages in government operations, vowing to return the recovered funds directly to Malaysian citizens.
Prime Minister Anwar Ibrahim disclosed that Malaysia's government allocates RM980 million yearly to cover Federal Land Development Authority losses stemming from mismanagement under the previous administration.
Parliament has approved the National Trust Fund Bill 2026, overhauling a 36-year-old framework to create binding rules on contributions, withdrawals and investments. The reform ensures Malaysia's sovereign wealth benefits future generations.
Malaysia's parliament has approved moving RM14.5 billion from remaining Malaysian Government Investment Issues proceeds into the Development Fund, as part of financing the nation's 2026 development programmes.