Federal govt says no to putting unused budget allocations in special state trust, says Masidi

Sabah & Sarawak News

Federal govt says no to putting unused budget allocations in special state trust, says Masidi
Federal GovernmentSabahFederal Development Funds
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SINGAPORE: A Thai woman involved in the S$32 million luxury goods scam has pleaded guilty to cheating and money laundering on Oct 21.

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"The Federal government is not agreeable to our suggestion as it would involve some amendments to the current Treasury practices and rules," he told The Star when asked how the state planned to ensure Budget 2025 development funds are completely used. In a bid to expedite this, the state assembly last year unanimously approved establishing a special Sabah trust fund for the state to place annual unused federal development funds meant for projects that encounter delays.

“We will now just have to speed up the implementation so that as much as possible of the allocation is spent during the year," Masidi added.

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Federal Government Sabah Federal Development Funds Masidi Manjun

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