This year’s federal development expenditure (DE) performance until Aug 15 recorded an increase to 50.35 per cent compared to 26.4 percent registered on April 15, Datuk Seri Ismail Sabri Yaakob said today.
The prime minister said this was stated in the 12th Malaysia Plan (12MP) Highest Monitoring Committee meeting which he chaired, which was also attended by senior ministers and heads of department and agencies.
“All ministries are urged to raise their expenditure performance. Unused allocations must be returned to the Finance Ministry (MoF) to be rechanneled to ministries in need,” Bernama cited his saying in a statement.
The prime minister said the 12MP Highest Monitoring Committee and the National Development Project Implementation Facilitation Committee (JP4N) will continue to look into current issues and challenges to expedite the implementation of development projects during the 12MP period for the benefit of ‘Keluarga Malaysia’ (Malaysian Family).
In addition, Ismail Sabri said the meeting today had also agreed that the Prime Minister’s Department Economic Planning Unit (EPU) prepare a 12MP mid-term review to examine and revise existing policies and targets so that targeted development goals can be achieved, with the process to run for a year from September 2022.
