Critical spending cut


Infrastructure projects such as the MRT are important for the overall development of the country.

ONE of the most controversial expenditures under Budget 2015 turns out to be the significant rise in the allocation for the Prime Minister’s Department. At RM19.1bil, the allocation represents an increase of about 16% from RM16.5bil last year.

Amid expectations of some belt-tightening measures by the Government under the current challenging economic environment, questions are rising as to whether the allocation to the Prime Minister’s Department (PMD) will be trimmed under the revised Budget 2015.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , bizd

   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Blackstone, KKR mortgage REITs stung by office debt challenges
Making scents of success
Tesla’s plan for affordable cars takes page from Detroit rivals
Sapura Energy takes a step to turn the tide
Are there too many GPs and is the healthcare system overwhelmed?
Kelington to reap the benefits of a diversified business strategy
Investors brace for 5% Treasury yields
Singapore’s growth trajectory remains intact

Others Also Read