Dewan Rakyat passes Budget 2020

Dewan Rakyat passes Budget 2020

KUALA LUMPU: The Supply Bill (Budget) 2020 has been passed in Dewan Rakyat after receiving majority support from MPs through a voice vote.

Dewan Rakyat Speaker Tan Sri Mohamad Ariff Md Yusof announced the decision at about 6.40 pm yesterday.

Earlier, the Supply Bill 2020 was tabled for a third reading by Finance Minister Lim Guan Eng and was seconded by Deputy Entrepreneur Development Minister Datuk Dr Mohd Hatta Md Ramli.

Lim, on Oct 1, tabled Budget 2020 which allocated RM297 billion for next year, not including contingent savings of RM2 billion.

The budget was increased around RM19.5 billion from RM277.5 billion in 2019 without taking into consideration a one-off allocation for the repayment of the Goods and Services Tax (GST) and income tax arrears.

The allocation included RM241 billion operating expenditure while the balance of RM56 billion was for development expenditure.

Budget 2020 is the second budget of the Pakatan Harapan government since taking over Putrajaya on May 8, 2018.

The Dewan will sit again on Monday.


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