Govt tables RM15.5b supplementary supply bill

By ALIFAH ZAINUDDIN & DASHVEENJIT KAUR / Pic By MUHD AMIN NAHARUL

The Pakatan Harapan government has tabled a supplementary supply bill seeking the Dewan Rakyat’s nod for an additional RM15.49 billion to supplement the 2018 federal budget.

The Supplementary Supply (2018) 2019 Bill was tabled for its first reading in the Dewan Rakyat yesterday for additional development funds that were already specified in Budget 2018, but not fully provided for.

The bill was tabled by Finance Minister Lim Guan Eng (picture) with the second and third readings scheduled in the current session.

The supplementary bill is on top of the RM46 billion development expenditure prescribed in the 2018 budget of RM280 billion.

From the RM15.49 billion supplementary supply bill, 89.5% is for developing the economy, while the remaining 9.7% is for social development such as education and training, housing, and village and community development.

The supplementary budget covers a total of 17 items, of which the largest is a RM9.2 billion allocation to the Treasury.

The allocation is for the Treasury to manage equities in various projects, as well as facilitation fund payments.

Among other large expenditures are RM1.97 billion for the Works Ministry, RM1.43 billion for the Rural Development Ministry and RM1.4 billion for the Transport Ministry.

The additional fund for the Works Ministry is for infrastructure projects and public amenities in the development of the Pengerang Integrated Petroleum Complex in Johor, upgrading of roads, takeover of the Eastern Dispersal Link, and loans to the Damansara-Shah Alam and the Sungai Besi-Ulu Kelang expressway projects.

As for the Transport Ministry, the additional expenditure is for rail infrastructure projects, upgrading of airports and the development of air traffic control systems.

The Economic Affairs Ministry is allocated with a total of RM876.46 million, while the Water, Land and Natural Resources Ministry’s allocation is RM417.47 million.

Under the Prime Minister’s Department, an additional RM119.5 million was requested for the maintenance of the Government Integrated Radio Network under the National Security Council.

Up to RM41.5 million and RM30 million are allocated for the Education Ministry and the Housing and Local Government Ministry respectively.

Last year, the federal government tabled a similar supplementary supply bill seeking an additional RM7.12 billion for the 2017 federal budget.