Auditor-General’s Report 2009 – Fed Govt overshot spending by RM4.83billion

Another startling figure to come out from the Auditor-General’s Report for 2009 showed that the federal government had overspent by RM4.83 billion last year. This would be the government’s second highest deficit in recent years. The highest deficit was recorded in the year before that (2008) when they recorded that their operating budget overshot by RM5.7billion.

According to the report, “This shows there are still weaknesses in expenditure planning and management. 11 agencies - including Malaysia Anti-Corruption Commission (MACC), Public Service Department - and 10 ministries had exceeded their operating budget by RM3.61 billion. 15 ministries and agencies had overspent RM3.74 billion for 42 projects under the Ninth Malaysia Plan. The Defence Ministry topped the list with an overrun of RM2.03 billion for three projects, followed by the Education Ministry (RM927 million for four projects) and Treasury Department (RM547 million for two projects). Under development expenditure, 43 projects by 16 ministries and departments had recorded a total overrun of RM465.11 million. The bulk of this was spent by the Works Ministry for 11 projects, involving RM356.73 million. Conversely, RM153.3 million for 38 projects was allocated, but was not spent by the 16 ministries and departments concerned.




comments

Seems the PM and DPM are not saying anything about this. Only the rakyat are concerned. One eye close and one eye open????? or Just do it as you like??????Finished!!