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2015 Budget shows that the Prime Minister has failed his promise to decrease unnecessary expenditure and to increase transparency in government spending

Media Statement by Dr. Ong Kian Ming, MP for Serdang, on the 10th October, 2014

Prime Minister Najib has announced that the 2015 budget will incur an estimated expenditure of RM273.94 billion, an increase of RM9.74 billion from the announced 2014 budget of RM264.2, at increase of 3.7%.

At the same time, the Economic Report 2014/2015 has estimated that the amount spent on subsidies will be reduced from RM40.6b to RM37.7b, a decrease of RM2.9b or 7.1%. This is a result of the continued subsidy rationalisation program and expected increase in the price of petrol and diesel.

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