How will PAC monitor RM400 billion 12MP spending?

Question

Accepted Answer

The Public Accounts Committee Will Proactively Monitor 12MP Projects to Ensure Prudent Spending

The Public Accounts Committee (PAC) will actively monitor projects implemented under the 12th Malaysia Plan (12MP) to prevent misappropriation, abuse of power, and wastage of the RM400 billion development allocation. This proactive involvement includes holding proceedings to ensure public funds are spent prudently, transparently, and responsibly throughout the five-year plan.
PAC Proceedings Initiated with Key Ministries

Proceedings related to the implementation of the 12MP have already commenced, with initial sessions held involving the Ministry of Finance (MOF) and the Economic Planning Unit (EPU). These early engagements are crucial for establishing oversight mechanisms from the outset of the plan's execution.
High-Level Representation at Initial Proceedings

The initial proceedings saw significant representation from the MOF and EPU. The Ministry of Finance was represented by its Secretary-General, Datuk Asri Hamidon, while the EPU's Director-General, Datuk Saiful Lebai Hussen, also attended. These senior officials were present to explain the government's procedures for project implementation, financing, and controls.
Commitment to Cooperation and Scheduled Monitoring

Both the Ministry of Finance and the Economic Planning Unit have formally agreed to cooperate with the PAC in monitoring the implementation of 12MP projects, with a particular focus on mega projects. To facilitate this oversight, the PAC plans to establish a quarterly schedule for monitoring proceedings each year during the 12MP period.

Reading history

Hide →

This history is cleared when the page is closed.

How will PAC monitor RM400 billion 12MP spending?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends