Supplementary bill to be tabled
PUTRAJAYA: A mini budget and supplementary bill for Federal government expenditure will be tabled in Parliament next month, said Finance Minister Lim Guan Eng.
The bill was necessary following the cost- centre revision made in government expenditure, as well as, fiscal adjustment measures undertaken to reduce the country’s debt that had ballooned to RM1 trillion under the previous government.
“There is a possibility (of a mini budget) the supplementary bill will take into account all the variation including the different ministries that have been established,” he told press conference here yesterday.
Lim said the RM700 million Aidilfitri special assistance to 1.2 million Grade 41 and below civil servants as well as pensioners would also be included in the supplementary bill.
“We have no choice ( but to table this supplementary bill), even if Barisan Nasional had won
There is a possibility (of a mini budget) the supplementary bill will take into account all the variation including the different ministries that have been established. Lim Guan Eng, Finance Minister
(the election) they will have to present a supplementary bill for all the extra expenditure that they had announced,” he explained.
Commenting on whether the government planned to sell part of its stake in Petronas to reduce Malaysia’s debt level, the finance minister said “the plan was not on the table at all”.
“It has not been put forward to the Federal government.
We are now addressing the costcentre (and not revenue- centre),” he added.