Kota Kinabalu: The Malaysian Association of Tour and Travel Agents (Matta) welcomed the RM1.16 billion allocation for the tourism industry in the Budget 2023.However, its President Datuk Tan Kok Liang said the funds for tourism financing need to be more accessible.
“The take-up rate for the previous Penjana Tourism Financing was poor. Despite the RM600 million allocation for MSMEs, only RM67.5 million was approved as at October 2021,” he pointed out.
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