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Sabah State Assembly approves additional budget of over RM592.3 million for this year

August 13, 2018 10:41 AM
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KOTA KINABALU: The Sabah State Legislative Assembly has approved an additional budget of RM592,310,727 for government administrative expenditures this year.

The First Supplementary Supply Bill 2018 tabled by Chief Minister Datuk Seri Mohd Shafie Apdal, who is also State Finance Minister, was passed unanimously after its third reading at the State Assembly sitting here today.

When tabling the bill, Mohd Shafie said RM334,879,850, or more than half of the additional budget, was needed for the purpose of account adjustment, namely to settle the RM84,879,850 spent from the Personal Advance Account.

He said another RM250,000,000 was meant for contribution to the State Statutory Provident Fund.

"This means only RM257,430,877 will involve cash flow in the in this First Supply Supplementary Estimates 2018.

"... the biggest allocation that will involve cash flow in the this First Supply Supplementary Estimates 2018 is RM119,382,000 which meant for the purchase of water supply, operation of water treatment plants and settling arrears to water concession companies," he said.

Source: thesundaily.my

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