Husni delivers his speech during the launching of 33rd World Customs Day. — Bernama photo
PUTRAJAYA: The recent cut in operating expenditure of RM5.5 billion in the Budget 2015 is not specific to any ministry, says Second Finance Minister Datuk Seri Husni Hanadzlah.
“What is encouraged is that spending on the purchase of cars or equipment, seminars and training as such, be postponed,” he added.
He said this when asked by reporters after launching the 33rd World Customs Day here yesterday.
On Jan 19, Prime Minister Datuk Seri Najib Tun Razak announced that operating expenditure is expected to be reduced with spending focused on only real needs.
In a special message on current economic developments and Malaysia’s economic position, he however, emphasised that projects in the form of the ‘people economy’ will be continued.
Meanwhile, Husni said the Goods and Services Tax (GST) is among the sectors that will play an important role in enhancing the nation’s income to fund spending on the needs of the people.
“The support of the Customs Department and the private sector has been encouraging as the number of registrations up to Jan 21 was at 306,887 companies,” he added.
The GST is expected to be implemented from April 1 at the rate of six per cent. — Bernama