Austerity drive: Govt to defer, cancel new projects, says Mustapa

KOTA BHARU: The government is taking measures to save public expenditure by postponing or not continuing any project that has yet to commence, to enable money to be channelled for the welfare of the people, apart from efforts toward the country's economic recovery.

Minister in the Prime Minister's Department (Economy), Datuk Seri Mustapa Mohamed (pic), said that the move was in response to a directive issued via the Malaysia Treasury Circular - Guidelines on Public Expenditure Savings.