Before an annual budget is passed in Parliament, the Ministry of Finance (MOF) went through various cycles to meet and debate with the grass root, private sectors, government agencies and Non-Governmental Organisation (NGO) to construct the budget. There is no exception for next year budget too and part of the process flow was the Budget Consultative Council meeting that was chaired by the Prime Minister YAB Dato Seri Haji Mohd Najib Tun Haji Abdul Razak himself. Click HERE for the full MOF budget formulation process.
The theme for next year's budget is "Transformasi Bersama Rakyat" or "Together Driving Transformation". Prior to the council meeting, 124 companies from the Private sectors & NGOs, and 75 government agencies were asked to submit our memorandum on our perspectives, views and 'wish-list'. The companies from the private sector were as follows:
The theme for next year's budget is "Transformasi Bersama Rakyat" or "Together Driving Transformation". Prior to the council meeting, 124 companies from the Private sectors & NGOs, and 75 government agencies were asked to submit our memorandum on our perspectives, views and 'wish-list'. The companies from the private sector were as follows: