Malaysia's budget for 2025: Increased government commitment to ensure food security

Published 2024년 10월 19일

Tridge summary

The Malaysian government has increased its budget allocation to the Ministry of Agriculture and Food Security (KPKM) by 4.1 percent for 2025, bringing the total allocation to RM6.42 billion. This move aims to ensure the availability and security of the national food supply and boost the productivity of the agro-food sector. The budget will be used to continue the modernization and development of the sector in line with the National Agro-Food Policy 2021-2030 (DAN 2.0), and to address its challenges. The budget also includes initiatives such as funding for agricultural projects, incentives for breeders and farmers, and funding for irrigation and drainage development.

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Original content

PUTRAJAYA: The increase in allocation of 4.1 percent to the Ministry of Agriculture and Food Security (KPKM) through the 2025 Budget reflects the government's commitment to ensure the adequacy and security of the national food supply. Minister of Agriculture and Food Security Datuk Seri Mohamad Sabu (pictured) said the government's commitment also helped increase the productivity of the agro-food sector which would bring prosperity to the people. He said KPKM received an allocation of RM6.42 billion compared to RM6.17 billion this year and stressed that he is confident that the budget can ensure that the challenges of the agro-food sector can be addressed. "Through this allocation, KPKM will continue to drive the agro-food sector in line with the National Agro-Food Policy 2021-2030 (DAN 2.0) which focuses on the modernization and development of the agro-food sector to increase the country's food security. "This also involves the sustainability of agricultural activities and the ...

Source: Utusanborneo