TANJONG KARANG: The Entrepreneur Development and Cooperatives Ministry has hailed its RM668.3mil allocation in Budget 2023, an increase of 21% from 2022.

Its minister, Tan Sri Noh Omar said the additional amount of RM117mil clearly showed that the government was serious about helping the entrepreneurs from all levels of society in this country.

He said that from the allocation, RM212.1mil was for management expenditure and RM456.2mil for development expenditure.

“The allocation under the Graduates Entrepreneurship Programme (PUSH) was also approved, thus showing the government’s seriousness in assisting these entrepreneurs comprising young individuals and graduates,” he said after opening the Tanjong Karang division Wanita Umno delegates’ meeting here on Sunday (Oct 9).

Noh, who is also Tanjong Karang MP, said the government led by Prime Minister Datuk Seri Ismail Sabri Yaacob proved to be caring by assisting the local entrepreneurs.

“I am satisfied with the allocation and I thank the prime minister for paying attention to the plight of the entrepreneurs.

“If previously during the movement control order due to the Covid-19 pandemic, the Health Ministry’s role was so important, during this endemic period, however, it’s time for us to help the affected entrepreneurs rise again.

“But to do so, they need assistance and guidance from the ministry,” he added. – Bernama