Pioneer Generation Plan Fund has a $785 million deficit: Government will helpThe Public Accounts Committee found a $785 million deficit in funds for Pioneer Generation assistance schemes. The Ministry of Finance (MOF) explained it would top up funds for announced schemes when needed, but not continuously for annual deficits. The committee questioned the sufficiency of funds for the Pioneer, Merdeka, and Majulah Packages, urging continuous monitoring and further top-ups for the Pioneer Generation Package due to rising healthcare costs. The Pioneer Generation Package, launched in 2014 with $8 billion, has an estimated expenditure of $5.96 billion by March 2025. Generated by AI