KUALA LUMPUR, July 20 — Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz is targeting an estimated RM5 billion to RM6 billion worth of savings from the remaining operating allocation in 2022.
“The value of five per cent not that big, even if you look at our expenditure is RM332 billion, this year’s development expenditure is RM75 billion, while subsidies reach RM77.7 billion and we expect it may reach RM80 billion. Tengku Zafrul stressed that no projects will be cancelled but there are projects that can be temporarily postponed.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Finance minister: RM5b to RM6b savings targeted from remaining operating allocation for 2022KUALA LUMPUR, July 20 — Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz is targeting an estimated RM5 billion to RM6 billion worth of savings from the remaining operating...
Source: malaymail - 🏆 1. / 86 Read more »
Finance minister: RM5b to RM6b savings targeted from remaining operating allocation for 2022KUALA LUMPUR, July 20 — Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz is targeting an estimated RM5 billion to RM6 billion worth of savings from the remaining operating...
Source: malaymail - 🏆 1. / 86 Read more »
New UK finance minister targets inflation, ‘sound finances’LONDON, July 19 — Britain’s government must focus on sound public finances and avoid further fuelling inflation by pumping up demand, new finance minister Nadhim Zahawi is due...
Source: malaymail - 🏆 1. / 86 Read more »