Malaysia: USD 8.8 million allocated to develop fisheries sector
For the fisheries sector which is the second biggest contributor to GDP under the agriculture sector for the year 2022, Datuk Seri Masidi Manjun, Sabah Finance Minister, said a total of USD 8.8 Million (RM 41.61 million) is allocated to continue development programmes and support that guarantees the production of fisheries products for domestic and international markets. Of that amount, he said a total of USD 2.2 million (RM 10.43 million) has been allocated under development to finance among others conservation initiatives through the tagal activities and installation of artificial reef. “The balance of trade in the fisheries sector shows…
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