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Budget 2018: Msian babies to get RM200 savings fund

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In his Budget 2018 speech, Prime Minister Datuk Seri Najib Razak said any Malaysian born between January 1, 2018 and 2022 will be entitled for an “initial savings fund” worth RM200 called Dana Amanah Malaysia 2050, or ADAM50 through the Amanah Saham unit at the Permodalan Nasional Bhd (PNB).
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