Cabinet to discuss the Budget Draft on 20 Sep

Posted on September 19, 2010

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The first draft of the 2011 Budget will be tabled at a special cabinet meeting on Tuesday ( 20 Sep) , Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah said today.

He said the draft contained, among others, suggestions and feedback from government agencies, focus groups and the industrial sector.

It also contained evaluation by all ministries, he told reporters at the Tambun Umno Youth chief Aidilfitri gathering here today.
However, he said other inputs and suggestions would still be accepted and, if suitable, would be entered into the draft of the budget, which would be tabled in the Dewan Rakyat on Oct 15.

Ahmad Husni said the Tuesday meeting would also discuss the direction of the budget which was prepared for the first time based on the National Key Economic Areas (NKEA).
He said it included outlining the 160 NKEA sub-sectors such as oil and gas, telecommunications and information technology, education and manufacturing.
He also described the 2011 Budget as significant because its drafting and implementation were based on the government’s efforts towards making Malaysia a high income country by 2020.

Meanwhile, the public are invited to Economic Transformation Programme Open Day at the Putra World Trade Centre on Tuesday. Link at : http://www.offerstation.com/happenings-events/61249/economic-tranformation-programme-open-day.htm and at http://www.pemandu.gov.my/

The Economic Transformation Programme (ETP) is the culmination of a substantial body of work to transform Malaysia into a high-income economy by 2020, building on the 10th Malaysia Plan, the New Economic Model and the principles of 1Malaysia, People First, Performance Now.

Open days will be in held Kuala Lumpur, Kuching and Kota Kinabalu, to showcase the results of the NKEA labs and to obtain feedback from the rakyat. Details for the Kuala Lumpur Open Day are as follows:

Economic Transformation Programme Open Day

Date: Tuesday, 21 September 2010

Venue: Putra World Trade Centre (PWTC), Kuala Lumpur

Programme:
9:00 am – 5.00 pm: NKEA Exhibition, Hall 4, Level 4

11:00 am – 12:00 pm: CEO Forum – “Economic Transformation Programme: The View from the Private Sector”