BUDGET 2023 | State governments will receive RM150 million under the Ecological Fiscal Transfer for Biodiversity Conservation (EFT) this year compared to RM70 million last year to preserve biodiversity, carry out forest management and reduce state government's dependence on timber products.

Prime Minister Anwar Ibrahim when tabling Budget 2023 in the Dewan Rakyat today said the EFT distribution to the states will take into account the gazetting of new protected areas, including...