KLANG: The Ministry of Finance (MoF) will for the first time announce a pre-Budget 2022 statement soon in preparation for the tabling of Budget 2022 which is expected to be at the end of October.
Reappointed Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz, who will be sworn in tomorrow, said at the same time, the MoF will officially invite all stakeholders to give their input.
"This is a very important budget not only in terms of assistance but in terms of guidance for the Malaysian economy to recover.
"We (MoF) will formulate several criteria, (and) one of them is welfare.
"The invitation will be issued as soon as possible, insyaAllah this week, when I commence work tomorrow," he told reporters after donating food baskets worth RM10,000 to 100 Orang Asli families in Mah Meri, Carey Island here today.
Tengku Zafrul said the MoF would continue to meet with all stakeholders, including government Members of Parliament and the opposition, in line with the "Malaysian Family" concept announced by Prime Minister Datuk Seri Ismail Sabri Yaakob.
"I will hold meetings with all stakeholders and also from various parties, including the opposition members to outline assistance for the people and to get views from different angles as it will present a more inclusive Budget 2022 for all Malaysians," he said.
The Finance Minister said that apart from Budget 2022, the Government would also table the 12th Malaysia Plan in Parliament.
On the targets set within 100 days following the announcement of a new Cabinet line-up by the Prime Minister on Friday, Tengku Zafrul said his focus, for now, is to safeguard the country's prosperity, business continuity and economic resilience.
"As outlined by the Prime Minister, each ministry needs to make short and long-term plans to achieve the set targets and prove its initial achievements in the first 100 days.
"We, at MoF, welcome this initiative. The setting of the key performance index (KPI) is good because it allows all ministries, especially the MoF and the people, to measure the government's delivery or achievements so that we can identify strengths and weaknesses that need improvement," said the Finance Minister.
He also said the MoF had announced weekly achievements in the Implementation and Coordination Unit Between National Agencies (LAKSANA) report because it wanted the government to be more transparent.
Tengku Zafrul said the MoF had released 65 LAKSANA reports since last year.
Whether the policies of the previous government will be continued, the Finance Minister is of the opinion that good policies will be continued but at the same time, take into account current world developments as well as the dynamic Malaysian economy.
-- BERNAMA
Bernama
Sun Aug 29 2021
Tengku Zafrul donating food baskets worth RM10,000 to 100 Orang Asli families in Mah Meri, Carey Island today. - Astro AWANI pic
Who is Prabowo Subianto, incoming president of Indonesia?
A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'
The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Putin says Russia willing to seek compromises between Iran and Israel
Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
What proposals will Russia push at the BRICS summit?
The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Indonesia's free meals plan in the spotlight as Prabowo readies for office
Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21
Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say
Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Liam Payne's ex-partner calls for media restraint after 'painful' death
Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Analysts: Indonesia's strong MoF leadership team to boost investor confidence
Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Biden offers both a carrot and a stick to Israel as his term nears an end
Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Putin says BRICS will generate most of global economic growth
Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.