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The federal budget is a major state financial plan for the fiscal year, which has the force of law after its approval by the Malaysian parliament and signed into law by the Yang di-Pertuan Agong . Revenue estimates detailed in the budget are raised through the Malaysian taxation system, with government spending representing a sizeable ...
Ministry of Finance on Facebook. The Ministry of Finance ( Malay: Kementerian Kewangan ), abbreviated MOF, is a ministry of the Government of Malaysia that is charged with the responsibility for government expenditure and revenue raising. The ministry's role is to develop economic policy and prepare the Malaysian federal budget.
The Government Transformation Programme (GTP) is an effort by Malaysia's Government to address seven key areas concerning the people of the country. The programme was unveiled on 28 January, 2010, by Prime Minister Najib Razak , and is expected to contribute in making the country a developed and high-income nation as per its Vision 2020 .
The average household income of Malaysia increased by 18% to RM5,900 a month, compared to RM5,000 in 2012. According to a HSBC report in 2012, Malaysia will become the world's 21st largest economy by 2050, with a GDP of $1.2 trillion (Year 2000 dollars) and a GDP per capita of $29,247 (Year 2000 dollars).
The Ministry of Natural Resources and Environmental Sustainability (Malay: Kementerian Sumber Asli dan Kelestarian Alam Sekitar), is a ministry of the Government of Malaysia that is responsible for energy, natural resources, environment, climate change, land, mines, minerals, geoscience, biodiversity, wildlife, national parks, forestry, surveying, mapping and geospatial data.
Ministry of Natural Resources and Environmental Sustainability (NRES) Ministry of Plantation and Commodities (KPK/MPIC) Ministry of Rural and Regional Development (KKDW) Ministry of Science, Technology and Innovation (MOSTI) Ministry of Tourism, Arts and Culture (MOTAC)
Federalism in Malaysia took a more concrete form with the establishment of the Federation of Malaya. The merger of Malaya with Singapore, North Borneo (now Sabah) and Sarawak further complicated the situation. As of 2008, although Malaysia is a de jure federation, many perceive it as a de facto unitary state.
The Malaysian Communications and Multimedia Commission (Abbreviation: MCMC; Malay: Suruhanjaya Komunikasi dan Multimedia Malaysia or SKMM) is a regulatory body whose key role is the regulation of the communications and multimedia industry based on the Malaysian Communications and Multimedia Commission Act 1998, the Communications and Multimedia Act 1998, and the Strategic Trade Act 2010.