
Youth and Sports Minister Syed Saddiq Syed Abdul Rahman has made an ambitious request for Budget 2020.
He is asking Putrajaya to provide RM6 billion to create 350,000 jobs over the next five years.
“Job creation is the ultimate priority,” Syed Saddiq told Malaysiakini in an interview yesterday.
“You can win 100 gold medals but if we’re not able to resolve basic economic issues which involve young people, which at its base is jobs, we won’t be able to serve their primary interest,” he added.
The “special budget” allocation is one of three priorities for youths that Syed Saddiq outlined yesterday.
He declined to go into detail about how the funds will be used to create jobs, hinting instead that it would be part of the Budget 2020 announcement.
“In order to elaborate on the plan, we need to wait for the budget,” he said.
Budget 2020 will be tabled on Friday by Finance Minister Lim Guan Eng.
According to the Department of Statistics, as of July this year, about 524,800 people were jobless, with the unemployment rate at 3.3 percent.
Of this, youth unemployment is estimated to be at 10.9 percent.
https://www.malaysiakini.com/news/494990
Oct 9 2019, 09:34 AM, updated 7y ago
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