Motion To Raise The Debt Ceiling To 65pct Approved By Dewan Rakyat


 


PARLIAMENT | The motion to increase the statutory debt ceiling from 60 percent to 65 percent of the Gross Domestic Product (GDP) was unanimously passed by the Dewan Rakyat today.
Earlier, Finance Minister Tengku Zafrul Abdul Aziz said this is in order to fund additional spending for the Kumpulan Wang Covid-19 (KWC) as well as the 12th Malaysian Plan (12MP) projects.
He also said that the government decided to raise the debt ceiling again because it was RM5 billion short of reaching the 60 percent threshold in September.
The government had previously increased the debt ceiling from 55 percent to 60 percent last year.
“Based on the current position of the KWC, the Finance Ministry is projecting that this year’s allocation is insufficient to fund aid packages.
“RM60 billion has been spent and the remaining debt ceiling at the end of September stood at merely RM5 billion,” Zafrul said while tabling the second reading on amendments to the Temporary Measures for Government Financing (Covid-19)(Amendment) 2021 in the Dewan Rakyat earlier today.
The debt ceiling can be extended by Finance Ministry

During his winding-up speech later, Zafrul had explained that this increased debt ceiling of 65 percent would automatically expire at the end of 2022.
However, if the government sees a need for the debt ceiling to remain at 65 percent past 2022, this could be done through a gazette by the Finance Ministry.
“If we need to set the debt ceiling at 65 percent again (after its expiry at the end of 2022), this can be done through a gazette by the Finance Ministry.
“There is no need to bring it back here (to Parliament),” Zafrul said, in response to a question from Dr Dzulkefly Ahmad (Harapan-Kuala Selangor) who had asked whether the amendment is a temporary measure, and if so, when it would lapse.
Zafrul also gave his assurance that the government has no plan to further raise the debt ceiling beyond 65 percent.
Now that the motion has been approved by the Dewan Rakyat, it will go to the Dewan Negara, where it will undergo another three rounds of reading before being voted on. - Mkini


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2021/10/motion-to-raise-debt-ceiling-to-65pct.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MalaysiansMustKnowTheTruth+%28Malaysians+Mu

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
A Civil Dewan Rakyat Sitting Ends Now For The Budget

A Civil Dewan Rakyat Sitting Ends Now For The Budget

papar berkaitan - pada 13/10/2021 - jumlah : 380 hits
The King opening the sitting on Sept 13 This time around there was little of the usual bickering name calling and barbs PETALING JAYA For once the Dewan Rakyat was civil The sitting which ended today was devoid of the usual mocking and exch...
Hari Terakhir Penggulungan Rmk12 Di Dewan Rakyat Hari Ini

Hari Terakhir Penggulungan Rmk12 Di Dewan Rakyat Hari Ini

papar berkaitan - pada 7/10/2021 - jumlah : 238 hits
BERNAMA Mesyuarat Penggal Keempat Parlimen ke 14 berlangsung selama 17 hari hingga 12 Okt ini KUALA LUMPUR Hari terakhir sesi penggulungan Rancangan Malaysia Ke 12 di Dewan Rakyat hari ini akan melibatkan tiga kementerian selain lima portfo...
Dewan Rakyat Luluskan Rmk12

Dewan Rakyat Luluskan Rmk12

papar berkaitan - pada 8/10/2021 - jumlah : 215 hits
Dewan Rakyat hari ini meluluskan Usul Rancangan Malaysia Ke 12 rancangan pembangunan negara untuk tempoh 2021 hingga 2025 Yang Dipertua Dewan Rakyat Datuk Azhar Azizan Harun berkata usul itu disetujukan apabila menyaksikan lebih suara berse...
Bung Mohon Maaf Guna Perkataan Bodoh Di Dewan Rakyat

Bung Mohon Maaf Guna Perkataan Bodoh Di Dewan Rakyat

papar berkaitan - pada 28/9/2021 - jumlah : 318 hits
Bung Mokhtar Radin berkata ketika berucap beliau tidak menyedari wakil rakyat mana yang bangkit mencelah ucapannya menyebabkan beliau membalas celahan berkenaan Bung Moktar minta maaf sebut bodoh dalam Dewan Rakyat KUALA LUMPUR Penggunaan p...
12mp Passed In Dewan Rakyat With Voice Vote

12mp Passed In Dewan Rakyat With Voice Vote

papar berkaitan - pada 8/10/2021 - jumlah : 335 hits
PARLIAMENT The 12th Malaysian Plan has been passed in the Dewan Rakyat today with a voice vote Prime Minister Ismail Sabri Yaakob had tabled the 12MP in Parliament on Sept 27 announcing that the government will allocate RM400 billion for ex...
Kecoh Dewan Rakyat Yb Pas Bengang Ugut Kerajaan Woiiii Jom Demontrasi Padang Merbok Kah Kah

Kecoh Dewan Rakyat Yb Pas Bengang Ugut Kerajaan Woiiii Jom Demontrasi Padang Merbok Kah Kah

papar berkaitan - pada 30/9/2021 - jumlah : 226 hits
Sangat kelakar selepas kena kecam cabutan khas nombor ekor dinaikkan oleh Kerajaan yang mana PAS adalah sebahagian dari Kerajaan itu barulah PAS sibuk dan bersungguh sungguh bersuara dan menggelupur Malah YB PAS Pasir Mas yang terkenal deng...
No Issue For Azalina To Chair Dewan Rakyat Despite Pm Adviser Appointment Speaker

No Issue For Azalina To Chair Dewan Rakyat Despite Pm Adviser Appointment Speaker

papar berkaitan - pada 6/10/2021 - jumlah : 302 hits
There is no issue for Azalina Othman Said to chair Dewan Rakyat sessions despite her appointment as special adviser to the prime minister said speaker Azhar Azizan Harun Earlier in today s sitting Saifuddin Nasution Ismail and Wong Hon Wai ...
Ahmad Maslan Tarik Diri Pencalonan Timbalan Speaker Dewan Rakyat

Ahmad Maslan Tarik Diri Pencalonan Timbalan Speaker Dewan Rakyat

papar berkaitan - pada 7/10/2021 - jumlah : 247 hits
Ahmad Maslan tarik diri pencalonan Timbalan Speaker Dewan Rakyat Ahli Parlimen Pontian Ahmad Maslan mengumumkan menarik diri daripada pencalonan sebagai Timbalan Speaker Dewan Rakyat Saya ingin fokus kepada kerja kerja selaku Setiausaha Agu...
Dewan Rakyat Sebulat Suara Lulus Ruu Levi Keuntungan Luar Biasa

Dewan Rakyat Sebulat Suara Lulus Ruu Levi Keuntungan Luar Biasa

papar berkaitan - pada 13/10/2021 - jumlah : 269 hits
Dewan Rakyat sebulat suara lulus RUU Levi Keuntungan Luar Biasa Rang Undang undang Levi Keuntungan Luar Biasa 2020 yang bertujuan menambah baik pentadbiran levi keuntungan luar biasa diluluskan secara sebulat suara oleh sidang Dewan Rakyat ...
Anthony Loke Trolled With Call To Resign Racist Slur After 2nd Major Heavy Vehicle Fatality In A Month

Balik Kerja Baru Nak Serang Juadah Raya

Nahas Terburuk Dalam Tempoh Sedekad

Apple Umum Liquid Glass Rekaan Baharu Seragam Merentas Semua Platform Apple

Lembu Korban Lari Sembunyi Dalam Balai Polis

Rethinking Seato A New Maritime Pact For Asean

Hikmah Diharamkannya Perjudian Dan Taruhan

Protect What You Love Why Luxury Bag Insurance Matters With Aeg


echo '';
Info Dan Sinopsis Drama Berepisod Dendam Seorang Madu Slot Tiara Astro Prima

10 Fakta Biodata Amira Othman Yang Digosip Dengan Fattah Amin Penyanyi Lagu Bila Nak Kahwin

5 Tips Macam Mana Nak Ajak Orang Kita Suka Dating Dengan Kita

Info Dan Sinopsis Drama Berepisod Keluarga Itu Slot Lestary TV3

Bolehkah Manusia Transgender Mencapai Klimaks Selepas Bertukar


Navigate The World Of Online Business

Android 16 Is Here

Meet Mona And Kyra Ai Insurance Assistants That Actually Get You

Huawei Powers Ai Future With New Xinghe Network

Express Bus Driver Nabbed After Testing Positive For Morphine Use

Halal Love In Viral Video Man Sneaks Into Female Tent To Give Wife A Rose During Hajj