RM40 Million Boost for Youth Development: Rakan Muda's Ambitious Leap
KUALA LUMPUR, Oct 11 (Bernama) - A significant increase in funding for Malaysia’s youth development initiatives highlights the government’s commitment to nurturing future leaders. The recent allocation of RM40 million for the Rakan Muda Programme, unveiled in the 2026 Budget, marks a RM15 million boost from the previous year and underscores a focused approach to building youth character and identity.
Empowering Youth Nationwide
Malaysian Youth Council (MBM) president, Mohd Izzat Afifi Abdul Hamid, emphasized that this allocation could play a transformative role, particularly in empowering youth organizations across the nation. By targeting efforts towards underprivileged communities, the initiative aims to foster integrity and a fighting spirit among young people.
Comprehensive Growth Through PLKN and the K-Youth Programme
In addition to the Rakan Muda funding, RM250 million has been earmarked for the 2026 National Service Training Programme (PLKN) to nourish a sense of identity, national spirit, and volunteerism in the youth. Parallelly, Khazanah Nasional’s K-Youth Programme, valued at RM200 million, intends to provide on-the-job training opportunities for 11,000 youths in crucial sectors like technology.
A Leap Forward in Technical and Vocational Training
The surge in resources for the Technical and Vocational Education and Training (TVET) sector is a testament to the government’s dedication to equipping youth with high-demand skills. These efforts align with Malaysia’s vision of economic transformation, ensuring youth are adequately prepared for the evolving job market.
Inclusivity and Support for Emerging Age Groups
In light of the government’s decision to reset the youth age limit from 15 to 30 starting in 2026, there is a call for inclusivity in continued youth initiatives. Mohd Izzat advocates extending the RM150 million financing initiative under Bank Simpanan Nasional (BSN) and RM12 million under the SME Corp Bumiputera Youth Entrepreneurs’ Budding Programme to those aged 31 to 40. This ensures that vibrant and productive members of society remain supported.
Collaborative Efforts to Propel National Growth
MBM remains committed to an ongoing dialogue with government entities to strengthen youth development ecosystems that are inclusive, progressive, and competitive. As stated in bernama, these measures are pivotal in driving national economic advancement.
With these strategic initiatives, Malaysia is positioning itself not just for immediate success but for sustainable growth led by its dynamic young population.