BERNAMA – BALANCE OF BUDGET 2023 MUST BE UTILISED BEFORE YEAR END


PONTIAN, Nov 25 (Bernama) — The federal government nonetheless has steadiness of funds from Funds 2023 involving growth expenditure (DE) in addition to working expenditure (OE) which ought to be put to make use of till the top of the 12 months. 

Deputy Finance Minister Datuk Seri Ahmad Maslan stated the remaining allocation channeled by way of the funds concerned growth 18 per cent and eight per cent for working with a complete of RM388.1 billion. 

He stated as of Thursday (Nov 23), 26 ministries have used up 82 per cent for growth expenditure and 92 per cent for working expenditure. 

“As such, the ministries want to complete the steadiness 100 per cent of Funds 2023 earlier than Dec 31. 

“For Funds 2024, the overall is RM393.8 billion with RM303.8 bilion for working expenditure (OE) whereas the remaining RM90 billion is for growth expenditure (DE),” he advised reporters after officiating the Coronary heart Well being Consciousness Programme at Dewan Muafakat, Benut right here at the moment.

In the meantime, on the 2022 Auditor-Normal’s Report (2022 LKAN), he regretted the ‘loss’ of RM681.71 million of public cash and regarded it an enormous sum when the folks had hope that tasks deliberate by the ministry can be carried out.

Ahmad, who can be the Member of Parliament for Pontian, stated that primarily based on the 2022 LKAN report, all 26 ministries must be aware of this 12 months’s (2023) expenditure underneath the Unity Authorities in order that the matter doesn’t occur once more.

“The Ministry of Finance (MOF) regrets that RM687.71 million was reported lacking. MOF had a tough time discovering cash, however whether it is leaked or misplaced, it’s to the detriment of the folks,” he stated.

Earlier, Auditor-Normal, Datuk Wan Suraya Wan Mohd Radzi stated the lack of cash was associated to the exemption of fines imposed on late provide and fertiliser, channeling of padi subsidy and intensive planting help, failure to gather land lease income and alternative of firearms disposed.

— BERNAMA

 

 


 



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