PETALING JAYA: The government, together with government-linked investment companies (GLICs), will invest an additional RM1bil through matching with private funds to support local start-ups and encourage technopreneurs, says Datuk Seri Anwar Ibrahim.

The Prime Minister said the government will increase funding to drive export growth including the Mid-tier Enterprise Development Program as well as the Market Development Grant (MDG) by MATRADE with an additional allocation of RM20mil.

" The budget for Madani 2023 will include more than 70 initiatives for micro and small businesses, focusing on access to loans and financing guarantees," he said during the launch of the Madani Economy at the Securities Commission on Thursday (July 27).

More to come