Budget for rural road projects not cut, funding allocation has been fully channeled, says finance ministry

Image for article Budget for rural road projects not cut, funding allocation has been fully channeled, says finance ministry
News Source : Paul Tan's Automotive News

News Summary

  • treasury secretary-general Tan Sri Johan Mahmood Merican said that all approved funds had been fully channelled.
  • He said that recent payment delays to contractors was due to KKDW exhausting nearly its entire current-year allocation due to years of overspending beyond its approved parliamentary budgets.
  • In 2022, the ministry spent its entire RM1.1 billion allocation.

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