RM1.4 billion supplementary bill approved
August 23, 2011 : THE State Assembly yesterday approved a supplementary bill amounting to nearly RM1.4 billion, to provide largely for the equity investment in the government investment arm Innoprise Corporation Sdn Bhd (ICSB).
Finance Minister Datuk Seri Musa Aman in tabling the bill, said almost RM1.09 billion of the sum does not involve any cash flow, including the RM675 million needed for the ICSB investment.
“The investment is actually funded through dividend payments received from Yayasan Sabah’s subsidiary, and the said amount would be invested back as equity in the ICSB,” said the Chief Minister.
The bill also provides for RM300 million to deal with the State Consolidated Fund’s deficit and another RM113.8 million for balancing the Advance Payment accounts.
Only RM305.7 from the total sum involves cash flow, out of which RM120 million was needed for maintaining roads and bridges across the State.
Musa informed the august House that RM66.9 million of the proposed amount was to provide for urgent projects to maintain and fix old and damaged water pipes as well as managing non-revenue water (NRW).
Another RM10 million was needed for relocating water pipes affected by road upgrading works, while RM47.2 million was required for paying water concession companies.
“An additional allocation of RM8.2 million is also needed for purchasing dairy cattle from New Zealand, for achieving the targetted production capacity under the 1Malaysia Milk programme.
“Another RM8.1 million was required to provide for the Forestry Department services, especially their enforcement activities,” he added.
Sole Democratic Action Party representative Jimmy Wong was the only lawmaker who objected to the bill, arguing that there was no need for another huge funding.
The Sri Tanjung assemblyman said the supplementary bill was the biggest ever tabled so far, and it was “shocking” that the government still needed that much despite the huge 2011 Budget it approved last year.
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That's good news for Sabahans, lets hope that the allocations will be put to good uses and bring more developments to Sabah.
BalasPadamHope to see more developments within the states after this.
BalasPadamGood luck Sabahans. May the glory always be with you all.
BalasPadamMore Allocation to Come, Sabahans really need it.
BalasPadamNever stop the effort to develop Sabah....
BalasPadamharap peruntukan ini akan dibelanjakan dengan sebaiknya dan menyumbang kepada pembangunan negeri Sabah.
BalasPadamsemoga rakyat Sabah akan mendapat manfaat daripada semua ini.
BalasPadamperuntukan yang diberikan harus dibelanjakan untuk pembangunan dan kebaikan negeri Sabah.
BalasPadamperbekalan tambahan ini dibuat ke atas keperluan2 yang penting/mendesak buat rakyat Sabah seperti air dan jalan raya.
BalasPadamrakyat menyambut baik apa yang telah dilakukan oleh kerajaan demi untuk kemajuan dan kepentingan rakyat Sabah.
BalasPadamDana yang ada perlu digunakan untuk tujuan kebaikan bersama tanpa manipulasi pihak tertentu yang mengambil kesempatan dalam kesempitan.
BalasPadamHope to see more positive outcomes after this.
BalasPadamHarap2 apa yang dirancang dapat dilaksanakan.
BalasPadamInnoprise is the greatest achiever after all.
BalasPadamperuntukkan ini pasti akan dapat memacukan lagi agenda pembangunan sabah.
BalasPadamdiharapkan peruntukkan tambahan ini akan digunakan sebaiknya..
BalasPadambagus la ada peruntukkan tambahan.. sepatutnya tidak ada pihak yang membantah, malah menyokong tindakan ini kerana peruntukan itu bakal dinikmati oleh rakyat Sabah..
BalasPadamPerkara sebeginilah yang kita mahukan untuk Sabah. semua ini untuk kebaikkan penduduk Sabahitu sendiri juga. Maka kita perlulah sokong seadanya.
BalasPadamBiarkan saja Jimmy DAP itu bising. Yang penting sekarang ini adalah semua ini untuk penduduk Sabah. Harap kerajaan akan meneruskan plan ini.
BalasPadamAnd now DAP is start to quarrel again.
BalasPadamApa apa ia telah diluluskan untuk pembangunan.
BalasPadamI wanna see more positive feedback.
BalasPadamBagus la tu.
BalasPadamAll proposal and and plan seems positive and very encouraging.. Hope these will come into reality that certainly upgrading the current limitation. Good luck!
BalasPadamSeems the government pay good attention and their strategic plan to develop Sabah seems positive. We expecting more improvement plan coming up next as Sabah has its potential to do great as KL..
BalasPadamTiada apa nak dipertikaikan lagi dengan proposal tersebut. Semoga semua dijalan dengan lancar..
BalasPadamKerjasama antara semua pihak amat diperlukan untuk menjayakan projek tersebut. Yang penting, tiada golongan yang ambil kesempatan.
BalasPadamProjek yang bermanfaatkan kepada semua rakyat sabah amat digalakkan.
BalasPadamContinuous improvement and development in Sabah are essential. Hope the government will come up with more strategic plan to boots Sabah economy.
BalasPadamGreat proposal and plan by the government. Looking at it, government is putting high attention and concentration to boots Sabah economy. All the best!
BalasPadamProjek yang memanfaatkan rakyat memang sentiasa digalakkan. Semoga segala projek dilaksanakan dengan lancar.
BalasPadamSemua orang mesti bagi sokongan terhadap project naik taraf dan pembangunan.. Ini memang tiada suara bantahan atau negatif rasa-rasanya.
BalasPadamPastikan tiada projek yang tergendala atau separuh jalan. Yang penting, mutu dan kualiti kerja.. yang menakutkan ada yang ambil kesempatan.
BalasPadamBetul juga kata Jino.. Pastikan semua contractor boleh dipercayai and mempunyai latar belakang yang kukuh and baik. Harap semua perancangan dijalankan dengan lancar.
BalasPadamGuna peruntukan yang ada sebaik mungkin dan pastikan tidak ada penyelewengan berlaku.
BalasPadamSemoga lebih banyak pembangunan yang terlaksana selepas ini.
BalasPadamApapun kita tunggu dan lihat sajalah perkembangannya nanti.
BalasPadam