PUTRAJAYA, July 18 ― The Ministry of Finance (MoF) is confident its target of 60 per cent of Budget 2023 spending could be achieved by next month to support the...
PUTRAJAYA, July 18 ― The Ministry of Finance is confident its target of 60 per cent of Budget 2023 spending could be achieved by next month to support the government’s aim to expedite the implementation of projects for the people’s benefit, said Deputy Finance Minister Datuk Seri Ahmad Maslan.
“For the OE it’s easy as every month, the salary and maintenance are made periodically. The difficulty is for the development expenditure...we have to examine closely so that things are made easier and faster, while at the same time, governance must be upheld,” he said. Budget 2023 allocates a total of RM388.1 billion, comprising RM289.1 billion for operating expenditure and RM99 billion for development expenditure, including RM2 billion in contingency savings.
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