Tabung Harapan Malaysia Has Officially Surpassed RM100 Million
The fund had collected RM108,215,946.39 as of 3pm today.
By Katrina Khairul Azman — 25 Jun 2018, 05:14 PM
Less than a month since its launch, Tabung Harapan Malaysia (THM) breached the RM100 million mark today, 25 June
According to the Ministry of Finance, the fund had collected RM108,215,946.39 as of 3pm.
The official trust fund was launched by the Pakatan Harapan government on 30 May, after various crowdfunding campaigns were started by members of the public wanting to help alleviate Malaysia's RM1 trillion debt
"In order to provide a systematic and transparent platform to ensure all contributions and donations from the people are properly managed and organised, the Government has decided to establish a special trust fund called Tabung Harapan Malaysia (THM)," read a statement released by the Government.