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Friday, April 26, 2024

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Malaysian cabinet to implement Keluarga Malaysia Agrofood Financing Fund under Agrobank to tackle food security issues

MALAYSIA: The Malaysian cabinet has agreed on the implementation of the Keluarga Malaysia Agrofood Financing Fund (KMAFF) under Agrobank with a total allocation of RM800 million (US$181.65 million) to tackle food security issues, a statement confirmed. The KMAFF program is a financing facility offered to SMEs with a total financing of up to RM5 million (US$1.14 million) for entrepreneurs and producers of poultry, ruminant, and vegetable crops

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