RM6 Million for Angkasa to strengthen cooperative movement – PM Anwar

KUALA LUMPUR, July 26 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim today announced an allocation of RM6 million for Angkatan Koperasi Kebangsaan Malaysia Bhd (Angkasa) to strengthen the cooperative movement in the country.

Of the total, he said RM2 million would be adjusted from the Rahmah Sale allocation under the Ministry of Domestic Trade and Cost of Living (KPDN) for Angkasa to intensify cooperative activities, and another RM2 million would be adjusted from the Sejati MADANI Programme allocation under the Implementation Coordination Unit (ICU) for cooperatives in MADANI villages.

“We have MADANI villages with mosque committees, as well as associations of youth and women.  I want cooperatives to also be in that group with RM2 million to be channelled by Angkasa,” he said when officiating the closing ceremony of National Cooperatives Congress 2024 here today.

Anwar said RM1 million will be set aside as a new allocation for the ASEAN Cooperatives programme throughout Malaysia’s 2025 ASEAN chairmanship as he wanted the cooperative movement to be one of ASEAN’s important agendas next year.

— BERNAMA