KUALA LUMPUR, 15 June 2009: Prime Minister Datuk Seri Najib Razak told the Dewan Rakyat today that almost 100% or RM6.95 billion from the first stimulus package’s allocation has been disbursed. He said that of this total, RM4.02 billion or 57.9% involving 43,681 projects have been offered to successful contractors while the remainder was in […]
Finance Minister
More needs to be liberalised, say parties (Updated 3.10pm)
Updated 3.10pm on 23 April 2009 PETALING JAYA, 23 April 2009: The DAP has described the prime minister’s liberalisation of 27 services sub-sectors as a “baby step forward” in the right direction but said much more needed to be done. DAP national publicity secretary Tony Pua said the move demonstrated Prime Minister Datuk Seri Najib […]
Govt to allocate RM200bil for 2010 budget: Najib (Updated)
(Updated 2:59pm, 28 March 2009) KUALA LUMPUR, 28 March 2009: The government may allocate about RM200 billion more under the 2010 budget, raising the allocation to generate the national economy to about RM470 billion for the two-year period. This followed the announcement of the allocation of RM206 billion under the 2009 budget by Prime Minister […]
Credit rating downgrade not expected
By Yong Min WeiKUALA LUMPUR, 13 March 2009: The country’s widening fiscal deficit from 4.8% to 7.6% for 2009 is not expected to result in the downgrade of its credit rating as it is at an acceptable level in times of economic crisis, the Dewan Rakyat was told yesterday. Deputy Prime Minister and Finance Minister Datuk Seri Najib […]
Package to stave off economic downturn
KUALA LUMPUR, 10 March 2009: The government today unveiled its second economic stimulus package totalling RM60 billion, comprising initiatives and ideas to invigorate vital sectors to maintain the people’s welfare and prosperity in the face of the global economic downturn. Deputy Prime Minister and Finance Minister Datuk Seri Najib Razak, when tabling the package in […]
Tax hotline on mini budget
KUALA LUMPUR, 10 March 2009: The Inland Revenue Board (IRB) has opened a hotline to answer queries on tax related matters pertaining to the Mini Budget 2009. Taxpayers with queries can call Tel: 03-6201 0550 or 03-6203 1537 between 5pm and 8pm today and between 8am and 6pm tomorrow, the board said in a statement […]
Help for S’wakians in mini budget
KUCHING, 12 Feb 2009: The mini budget, which is scheduled to be tabled by Deputy Prime Minister and Finance Minister Datuk Seri Najib Razak at the Dewan Rakyat on 10 March, will include financial assistance to Sarawak. “The federal government will offer assistance to those affected by the recent floods. We have made that commitment,” […]
RM5bil from stimulus package transferred
PUTRAJAYA, 22 Jan 2009: The Deputy Prime Minister Datuk Seri Najib Razak said RM5 billion out of the RM7 billion from a government economic stimulus package has been transferred to various ministries and agencies. Najib, who is also Finance Minister said, another RM2 billion would be transferred by next week. “The entire RM7 billion will […]
Unite to overcome economic challenges: Najib
KUALA LUMPUR, 4 Dec 2008: Datuk Seri Najib Razak today urged Malaysians to unite and concentrate on building the nation in overcoming the economic challenges ahead and creating opportunities for the people. At the same time, they must build their internal resilience, reduce wastage, promote efficiency and upgrade productivity. “This is not the time for […]
