Summary
ONE KEY ELEMENT OF THE ADMINISTRATIVE STRATEGY OF THE present government is to improve the delivery system. It promises to make the delivery of public goods and services faster and more cost- effective.
The best measure for this, understandably, is the performance of the annual budget. The way the budget allocation is expanded determines the performance of the economy, as public expenditure accounts for the bulk of investment.See the full content of this document
Extract
Ensuring Budget Performance and Integrity
With private investment, in particular foreign direct investment, running low, the role of public sector investment becomes more critical.
Thus, it is a major cause for concern when it was revealed in Parliament that there were discrepancies in the key statistics of the recently presented 2008 Budget.According to a report in The Star newspaper, government backbenchers had informed the Treasury about an alleged discrepancy between the development allocation announced by Prime Minister Datu...See the full content of this document
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