202 ‘sick’ projects involving 19 ministries detected, says AG’s report

PETALING JAYA: A total of 202 projects are behind schedule (sick) involving 19 ministries, the Auditor-General’s Report Series 3 reveals. These projects are part of the 8,279 development projects under Rolling Plan (RP) 3 of the 12th Malaysia Plan (RMK12) involving 26 ministries, as of December 2023. Out of a total of 8,279 RP3 development projects of...

Govt’s financial performance improved in 2023, says AG

PETALING JAYA: The government reported improved financial performance in 2023, with a revenue surplus increase of RM2.028bil and a deficit reduction of RM8.595bil compared with 2022. The fiscal deficit has decreased to RM90.887bil, a noteworthy improvement from RM99.482bil in 2022. This brought down the national deficit-to-GDP ratio to 5.0% in 2023, down from 5.5% in 2022. The...

Public-funded bodies should avoid ‘excesses’, not mimic private firms, says Anwar

KUALA LUMPUR: Datuk Seri Anwar Ibrahim has reminded public-funded organisations not to operate like private entities in the implementation of their programmes and operations. The Prime Minister said this is to ensure there are no "excesses" that lean towards business interests, board members, or management. At the same time, the Prime Minister supported recommendations in the Auditor-General's...

Public-funded bodies should avoid ‘excesses’, not mimic private firms, says Anwar

KUALA LUMPUR: Datuk Seri Anwar Ibrahim has reminded public-funded organisations not to operate like private entities in the implementation of their programmes and operations. The Prime Minister said this is to ensure there are no "excesses" that lean towards business interests, board members, or management. At the same time, the Prime Minister supported recommendations in the Auditor-General's...

Consider unconventional approaches to curb leakages, urges social activist

KUALA LUMPUR: A whistleblower incentive programme and the use of advanced data analytics are among efforts that should be considered to curb cases of malfeasance by officials in ministries, departments, agencies and government-linked companies, says Tan Sri Lee Lam Thye. The Integrity Institute of Malaysia member said since traditional checks and balances have failed to produce...

Parliament passes amendments to Audit Act

KUALA LUMPUR: The Dewan Rakyat has passed the Audit (Amendment) Bill 2024, aimed at giving greater authority to the Auditor-General to enhance governance and accountability in the public sector. The Bill to amend the Audit Act 1957 (Act 62), was passed by a voice vote after being debated by 26 MPs from both sides of the...