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Thursday, October 29, 2015

Big allocation because 70 agencies under PM’s Dept

The number of ministers under the department who have to handle their respective portfolios must also be taken into account, says Treasury secretary-general.
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KUALA LUMPUR: The budget allocation for the Prime Minister’s Department in Budget 2016 is appropriate with the bigger number of departments, agencies and ministers compared with other ministries, said Treasury secretary-general Mohd Irwan Serigar Abdullah.
“There are more or less 70 departments and agencies under the PM’s department. The number of ministers it has to handle their respective portfolios must also be taken into account.
“Other ministries may have 10 departments only. Hence, rationally, the PM’s Department needs more allocation,” he said to Bernama after Bernama TV’s Bual Bicara programme recently.
Among the departments and agencies under the PM’s Department are the Land Public Transport Commission, National Security Council, Economic Planning Unit, Department of Statistics Malaysia, Malaysian Anti-Corruption Commission, Public Service Commission, Malaysia Innovation Agency, and Bumiputera Agenda Steering Unit.
A total of RM20.3 billion or 7.6 per cent out of the total operating expenditure under the budget is allocated for the PM’s Department, the highest-ever allocation recorded.
For this year, the PM’s Department received an allocation of RM19 billion or 6.96 per cent of the operating expenditure.
In previous years, 6.23 per cent had been allocated under Budget 2014, 5.24 per cent (2013), 5.38 per cent (2012), 6.74 per cent (2011) and 6.37 per cent (2010).
Regarding the lower allocation for the Finance Ministry and Higher Education Ministry, Irwan Serigar said the government did not ignore the interests of the ministries and the allocations were accurate.
He said some of the institutions of higher learning such as Universiti Malaya, Universiti Kebangsaan Malaysia and Universiti Sains Malaysia had investments and projects that were capable of generating income.
“This is the time for them to move towards self-financing, slowly.
“Now we specify that more or less 30 per cent (use own financing). Going forward, at a later time, about 50 per cent of their requirement will come from internal funds,” he said.
Allocation for Higher Education Ministry fell by RM2.4 billion to RM13.38 billion compared with Budget 2015.
For the Finance Ministry, a reduction of 17.8 per cent to RM32.25 billion was because the government no longer had to bear fuel subsidies totalling RM20 billion.
– BERNAMA

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