Two PPP Micro Programmes fail to meet target — AG
KUALA LUMPUR: Two programmes under the Public-Private Partnership Micro Programme (PPP Micro) has failed to meet the targeted number of participants, according to the 2016 AuditorGeneral’s Report Series II.
The report said the actual achievement of the Second Chance Programme and Dropout Student Loans Programme was less than 50 per cent.
The Second Chance Programme failed to achieve the target set due to poor promotion undertaken by the National Entrepreneurial Group Economic Fund (Tekun) along with the National AntiDrug Agency and the Prison Department, said the Audit Report which was tabled in Parliament, today.
Under the Second Chance Programme, which targeted rehabilitated drug addicts, exconvicts, entrepreneurs who had suffered losses and disabled people, loans were granted to only 278 people, accounting for 34.7 per cent of the the targeted 800 borrowers.
For the Dropout Student Loans Programme, which is dedicated to academic dropouts aged 18 to 25, only 50 were given loans, accounting for only 25 per cent of the targeted 200 borrowers.
As the the Dropout Student Loans Programme’s target could not be met, the collaboration with Badan Ilmiah Nasional (Pembina) was ceased on Nov 19, 2014.
In its feedback on April 28, 2017, Tekun said it replaced Pembina by collaborating with GiatMara and Technical College with the approval of the Public-Private Partnership Unit (UKAS).
For the Second Chance Programme, Tekun will enhance efforts to assist Orang Asli, people with disabilities, entrepreneurs affected by disasters, and asnaf (underprivileged Muslims),” the report said. — Bernama