KUALA LUMPUR, April 1 — The Dewan Negara has passed two Bills under the Finance Ministry: the Supplementary Supply Bill (2023) 2024 and the Supply Bill (Reallocation of Expenditure Allocation) 2024.
The bills were approved by a majority voice of approval today after being presented by Finance Minister II Datuk Seri Amir Hamzah Azizan and discussed by 14 Dewan Negara members.
When presenting the Supplementary Supply Bill (2023) 2024, he said the estimated first supplementary operating expenses for 2023 amounted to RM23,479,669,350 for the supplemental expenses of services in 2023.
"An amount of RM3,692,563,850 is for the surplus transfer from the 2023 Consolidated Revenue Account to the Development Fund, while RM778,632,450 is to cover unallocated expenses for 2023.
"A total of RM19,008,473,050 is direct supplemental allocation to ministries and departments which have been given permission to spend more than the allocation in 2023," Amir said.
Meanwhile, the Supply Bill (Reallocation of Expenditure Allocation) 2024 aims to make provisions for reallocation from the Consolidated Fund amounting to RM648,537,400 for the services and purposes stated in the schedule to this Bill for 2024.
The minister said the allocation request comes after the reorganisation of the ministry's functions in line with the Cabinet reshuffle on December 12 last year to streamline the ministry's organisation and functions in a move to provide the best service to the people and the country per the Madani Malaysia concept.
The Supplementary Supply Bill (2023) 2024 was approved on March 20, while the Supply Bill (Reallocation of Expenditure Allocation) 2024 was approved on March 26 in the Dewan Rakyat.
— Bernama
