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Sunday, October 15, 2023

Govt setting up committee to monitor Budget 2024 disbursement

A Budget 2024 monitoring committee will be established to ensure allocations are well disbursed for the people’s benefit, said Deputy Finance Minister Ahmad Maslan.

He said the committee will be headed by Prime Minister Anwar Ibrahim, who is also the finance minister, and the members will include Deputy Finance Minister Steven Sim, Treasury secretary-general Johan Mahmood Merican, and himself.

Establishing the committee is also in line with the Public Finance and Fiscal Responsibility Bill that was passed by Parliament last Wednesday, he said.

Ahmad (above) was speaking to reporters after the Larian Kewangan run programme organised by the Putrajaya Treasury Club today.

He said the functions of the committee will include reporting the achievements of Budget 2024 for the period from January to June before the report is raised in Parliament next September.

“It is important and the responsibility of all agencies and ministries to ensure that the budget is implemented efficiently and I hope that all ministries also have a timeline for projects they want to implement,” he added.

Anwar, when tabling Budget 2024 in the Dewan Rakyat last Friday, said the second Madani budget involved RM393.8 billion allocations, the highest budget ever presented.

Earlier, Ahmad and Sim joined in the run which was held in conjunction with the 2023 National Sports Day.

The run attracted more than 2,300 participants.

Bernama

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