Xinhua, Kuala Lumpur :
Malaysian Prime Minister Mahathir Mohamad said Monday that the development budget allocated for the Prime Minister’s Department this year is expected to reduce by 60 percent to 4.93 billion ringgit (1.21 billion U.S. dollars) after the implementation of cost rationalization plan.
In his written response to the parliament, Mahathir said the initial development expenditure for the department was 12.26 billion ringgit, but after carrying out initiatives to rationalize government spending, the budget has been cut by as much as 60 percent.
Since he came to power, Mahathir has initiated a series of cost-saving measures. The Prime Minister’s Department is a federal government ministry in Malaysia, comprising dozens of agencies .
Malaysian Prime Minister Mahathir Mohamad said Monday that the development budget allocated for the Prime Minister’s Department this year is expected to reduce by 60 percent to 4.93 billion ringgit (1.21 billion U.S. dollars) after the implementation of cost rationalization plan.
In his written response to the parliament, Mahathir said the initial development expenditure for the department was 12.26 billion ringgit, but after carrying out initiatives to rationalize government spending, the budget has been cut by as much as 60 percent.
Since he came to power, Mahathir has initiated a series of cost-saving measures. The Prime Minister’s Department is a federal government ministry in Malaysia, comprising dozens of agencies .
