The RM1.39 billion in development expenditure (DE) financing in terms of loans were not borrowings made by the federal government to fund the entire DE for 2023, said the Ministry of Finance (MoF). It said the RM1.39 billion were loans used to implement development projects , such as the RM23.9 million loan to Felcra and RM150 million loan to Agrobank in 2023.
“The state government and statutory bodies involved will repay the loans to the federal government,” the ministry said in a written answer posted on the Parliament’s website today
RM1.39 Billion Development Expenditure Financing Loans Ministry Of Finance Federal Government Development Projects State Government Statutory Bodies
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:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Deputy minister: Finance Ministry recommends creating new finance, entrepreneurial subject at secondary school levelKULAI, Oct 29 — The Finance Ministry (MoF) will forward a recommendation to the Education Ministry (MoE) to set up a new secondary school subject relating to finance and...
Source: malaymail - 🏆 1. / 86 Read more »
Deputy minister: MoF recommends creating new finance, entrepreneurial subject at secondary school levelKULAI, Oct 29 — The Finance Ministry (MoF) will forward a recommendation to the Education Ministry (MoE) to set up a new secondary school subject relating to finance and...
Source: malaymail - 🏆 1. / 86 Read more »
Finance ministry recommends creating new finance, entrepreneurial subject at secondary school levelKULAI: The Finance Ministry (MOF) will forward a recommendation to the Education Ministry (MOE) to set up a new secondary school subject relating to f...
Source: theSundaily - 🏆 25. / 51 Read more »
MoF allows AEON consortium to hold 80% stake in Islamic digital bankMoF relaxes equity requirement for 30% stake to be reserved for Malaysians, especially bumiputeras.
Source: fmtoday - 🏆 5. / 72 Read more »
MoF: Govt will not abolish palm oil industry’s windfall profit levyKUALA LUMPUR: The government does not intend to abolish the windfall profit levy (WPL) on the palm oil industry at the moment, said the Ministry of Fi...
Source: theSundaily - 🏆 25. / 51 Read more »
MoF to engage more with logistics sector on SST hike, says AnwarThe prime minister says the finance ministry will gather more input before deciding on the implementation of the increased tax.
Source: fmtoday - 🏆 5. / 72 Read more »