PUTRAJAYA – A complete of RM188 billion or 49 per cent of the 2023 Funds has been spent as of June this 12 months, in accordance with Prime Minister Datuk Seri Anwar Ibrahim.
Anwar, who’s Finance Minister, mentioned this was an enchancment from the RM170 billion of the 2022 Funds spent within the corresponding interval final 12 months.
“Although it reveals an enchancment from (the quantity spent in) 2022, I nonetheless suppose it might be higher. Implementation of initiatives for the folks ought to be intensified and expedited.
“It’s not fairly passable as a result of we have now to realize 60 per cent (of the Funds) by August,” he mentioned on the 2024 Funds engagement session themed ‘Empowering Malaysia MADANI’ right here at present.
The 2023 Funds allocates a complete of RM388.1 billion, comprising RM289.1 billion as working expenditure and RM99 billion as growth expenditure, together with RM2 billion in contingency financial savings.
Anwar mentioned that the federal government has carried out decentralisation of energy, put aside further allocations, and offered flexibility in procurement procedures to expedite challenge implementation.
This consists of the delegation of RM50 million tasks to the Sabah and Sarawak Technical Departments, an allocation of RM100,000 to all district engineers for minor repairs on the district degree, and a particular allocation of RM200 million for the Malaysian Armed Forces Engineering Corps to hold out the refurbishment of quarters.
Anwar mentioned he’ll announce the allocation for the Basic Operations Drive and the police housing programme, tomorrow.
The Prime Minister additionally introduced an extra allocation for the implementation of small tasks underneath native authorities amounting to RM100 million, bringing the entire to RM400 million for 2023; and a rise within the allocation for upkeep and restore of colleges underneath the Ministry of Schooling by RM600 million, bringing the entire for this 12 months to RM1.5 billion.
Anwar added that the federal government has additionally agreed to allocate a portion of the upkeep funds to the Dad and mom and Lecturers Affiliation to hold out small upkeep tasks in authorities faculties. – Bernama / pic credit score: Anwar Ibrahim FB
