A rare advice from the Finance Ministry requesting government agencies to limit their spending and save public fund. Before the 12th General Election, Barisan Nasional has been on spending spree. A lot of unnecessary projects and activities were approved by the government without consideration that those cost is eating up the country's budget and deprived the fund from being use to benefit the poor.

Even now, the government is still lacking in controlling their activities. Some expenses even raised eyebrows and below is the top money wastage projects sponsored in full by the government:
* Sending the first angkasawan into space.
* Canceling the scenic third bridge link Singapore and Johor and end up compensating the contractor.
* Send Royal Malay Regiment to London to guard England Buckingham Palace.
* Buying special ink from India for the 12th General Election and not using the ink during the election
* Bail out of Proton
* Bail out of MAS
* Building Masjid Besi in PutraJaya
* KL-Singapore Bullet Train Project
* Multi-billion-dollar Multimedia Super Corridor (MSC)
* Port Klang Free Trade Zone

If you like this informative post, please subscribe to my full RSS Feed


Source: thestar.com.my/news/story.asp?file=/2008/4/21/nation/21013880&sec=nation (Apr 21, 2008)

Don’t waste money on needless luxuries, agencies told

PENANG: The Finance Ministry has instructed all government agencies to reduce frills when organising official functions to cut cost and prevent wastage.

Second Finance Minister Tan Sri Nor Mohamed Yakcop said a circular had been sent out earlier, but he was “renewing” the directive as a reminder to department heads.

Although the Government did not impose any limit on how much agencies could spend, he said they were advised to cut down cost.

“It is a moral thing. At a time when everybody is affected by price increases, government agencies should also take heed of the situation by not organising events on a big scale because this might lead to wastage.

“Government agencies should not hold events at five-star hotels, which is quite unnecessary and very costly.

“It is suffice to conduct events in a moderate manner but produce fruitful results. We should start saving money so that we can use the excess to help the rakyat,” he said.

Nor Mohamed was speaking to reporters after witnessing the signing of a memorandum of understanding (MoU) between Mimos Bhd and Mutiara.Com Sdn Bhd at the state Umno building at Jalan Macalister yesterday.

On the mid-term review of the Ninth Malaysia Plan (9MP), he said the Federal Government would be meeting with all the state governments for their feedback.

Prime Minister Datuk Seri Abdullah Ahmad Badawi had said on Saturday that the mid-term review would give priority to projects that benefited the people.

Projects under the 9MP in Penang include the Penang Outer Ring Road and the monorail.

Nor Mohamed also said that the global price increase for commodities and food was a blessing.

“The trend is a positive reversal for the agricultural sector because the global price increase can be translated into better income for local farmers, especially those in the palm oil industry,” he added.


Related Posts with Thumbnails