Putrajaya offers RM550 mil in easy loans to oil palm smallholders

The government is also providing an additional RM100 million in assistance to palm oil entrepreneurs to obtain the Malaysian Sustainable Palm Oil certification.

In a statement today, the finance minister said the government will provide RM500 million in loans for recultivation of oil palm, with a low-interest rate of 2% per annum. The government will also provide an additional RM100 million in assistance to palm oil entrepreneurs to obtain the Malaysian Sustainable Palm Oil certification.Lim said RM30 million was allocated in Budget 2019 for this purpose and the cost would be fully borne by the government. This scheme is limited to medium-sized palm plantations .

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Malaysian smallholders urge govt to eliminate cost of living loan given to Felda settlers | Malay MailKUALA LUMPUR, April 22 — National Association of Smallholders Malaysia (NASH) today proposed that the government eliminate the debt from the cost of living loan provided to Federal Land Development Authority (Felda) settlers, as it is unclear whether the cash given was a ‘loan’ or ‘aid’.... If Najib Rosmah both exercise daily they both would not need us Rakyat 2 pay 4 their Anti Ageing products. How much is Najib Rosmah's RM1,154,000.00 can do 4 Felda? It can build many Felda settlers houses, give funds 2 settlers who need urgent cost of living loans.
Source: malaymail - 🏆 1. / 86 Read more »