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Monday, February 26, 2024

I will vet govt’s expenditures, says Agong

 

(Bernama pic)

KUALA LUMPUR: The Yang di-Pertuan Agong, Sultan Ibrahim, says he will vet the government’s expenditures to ensure public funds are spent for the right purposes.

The Agong said he was disappointed with Malaysia’s growing debt levels, adding that this was caused by Putrajaya perpetually being in a deficit position since 1998.

“Will this burden be left for our grandchildren to bear?” he said in addressing the Dewan Rakyat.

“Therefore, I support the government’s efforts to immediately take steps to save funds and implement targeted subsidies.

“I will also examine the government’s expenditures and ensure that every proposed spending is really necessary. I hope that, during my rule, the government will achieve a fiscal surplus every year.”

MORE TO COME - FMT

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