Sunday, February 20, 2011

1 MALAYSIA YOUTH FUND


KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak is scheduled to launch the RM20 million 1Malaysia Youth Fund on Friday, where he will also announce more details on how Malaysian youths could take advantage of the fund.
The prime minister said this in the latest video posted in his blog www.1malaysia.com today, as a response to Danial Fahmi's question on tanyanajib.

The youth had asked the prime minister if there would be further development for youths so that they could rise to their full potential and help eliminate social problems.

"(The Fund is) basically an idea that we should try to incentivise the youth to undertake projects of their choice as long as the projects are in consonant with our national theme of 1Malaysia," Najib said.
He said the idea for the fund was mooted at a youth lab attended last year.

The government had allocated RM20 million to the 1Malaysia fund for youth development under the Budget 2011. - BERNAMA


Source: news straits times(NST)

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