Education Ministry allocated RM64.1 Billion, the largest 2020 Budget recipient

   Posted on 11.11.2019 by SEA-VET Content, New Strait Times



The Education Ministry has been allocated the largest budget of RM64.1 billion for the year 2020, which was RM3.9 billion more than this year. 

In tabling the budget for 2020, Finance Minister, Lim Guan Eng, has increased the budget allocation for the TVET industry in Malaysia.

He has allocated RM 5.9 billion to TVET in 2020, an increase from this years (2019) budget at RM5.7 billion. This increase is to ensure effort is being made to mainstream the TVET industry. 

A brief overview of the budget allocation for 2020 can be seen in the following:

Budget 2020    Allocation
RM 12 million     Increase the amount of utility assistance for government-aided schools
RM 23 million     To equip national schools and ensure they are disabled-friendly
RM 192 million   Professional certification programmes under Yayasan Peneraju
RM 783 million   Dilapidated schools, especially in Sabah and Sarawah
RM 3.3 billion     Educational institutions under Majlis Amanah Rakyat (MARA)
RM 5.9 billion    Technical and Vocational Education and Training (TVET)

SEA-VET Content
, New Strait Times

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