Vehicle plate sales revenue channeled into Federal Consolidated Fund, says Loke

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KUALA LUMPUR: The Ministry of Transport does not benefit from any funding initiatives derived from the proceeds of vehicle number plate sales; rather,...

: The Ministry of Transport does not benefit from any funding initiatives derived from the proceeds of vehicle number plate sales; rather, all revenue generated is channeled into the Federal Consolidated Fund.

“However, for the year 2024, as announced by the Prime Minister during the presentation of the 2024 Budget, a portion of NPI sales will be allocated to the less privileged,“ he said during the question and answer session at the Dewan Rakyat today. “The FLYsiswa initiative will be continued to benefit nearly 60,000 students from low-income families, especially in Sabah, Sarawak, and Labuan, along with financial initiatives by Perkeso for nearly 50,000 taxi drivers, rental car drivers, and school bus drivers,“ he said.

 

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