How much is allocated for surplus transfer from the 2023 Consolidated Revenue Account?

Question

Accepted Answer

RM3.69 Billion Allocated for Surplus Transfer from 2023 Consolidated Revenue Account

An amount of RM3,692,563,850 has been allocated for the surplus transfer from the 2023 Consolidated Revenue Account to the Development Fund. This figure is part of the estimated first supplementary operating expenses for 2023, which totalled RM23,479,669,350.
Breakdown of Supplementary Operating Expenses

The total estimated first supplementary operating expenses for 2023, amounting to RM23,479,669,350, were presented by Finance Minister II Datuk Seri Amir Hamzah Azizan. This figure encompasses various provisions for supplemental expenses incurred during 2023.
Purpose of the Transfer

The specific allocation of RM3,692,563,850 is designated for the transfer of surplus funds from the 2023 Consolidated Revenue Account into the Development Fund. This process is a component of the broader supplementary budget for the year.
Additional Allocations in 2023

Beyond the surplus transfer, the supplementary operating expenses also included RM778,632,450 to cover unallocated expenses for 2023. Furthermore, a substantial RM19,008,473,050 was provided as a direct supplemental allocation to ministries and departments that received permission to exceed their initial budgets in 2023.

Reading history

Hide →

This history is cleared when the page is closed.

How much is allocated for surplus transfer from the 2023 Consolidated Revenue Account?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

2

0

0

Share with friends