From Malay Mail · · 1m 50s
Finance Ministry staff urged to use 'ATM' approach to fast-track Budget 2027
Finance Ministry staff urged to adopt 'Amanah, Tangkas dan Mudah Cara' principles to fast-track Budget 2027 implementation.
In brief
Finance Ministry staff urged to adopt 'Amanah, Tangkas dan Mudah Cara' principles to fast-track Budget 2027 implementation. Finance Ministry staff must use trust, agility and facilitation principles to implement Budget 2027 policies effectively and prevent past financial mismanagement. Originally reported by Malay…
Finance Ministry urged to adopt ATM principles
Finance Ministry staff must use trust, agility and facilitation principles to fast-track Budget 2027 implementation.
Treasury Secretary-General emphasizes governance reforms
Treasury Secretary-General Tan Sri Johan Mahmood Merican said MoF must set an example for other ministries in implementing governance reforms while ensuring effective use of government allocations.
Prime Minister attends Finance Ministry assembly
Prime Minister Datuk Seri Anwar Ibrahim, who is also Finance Minister, officiated the Finance Ministry’s monthly assembly with key officials present.
Enforce Government Procurement Act
MoF will enforce the Government Procurement Act next year to prevent misuse and improve transparency in government contracts and investments.
Draft State-Owned Enterprises Act
MoF will draft a State-Owned Enterprises Act to strengthen governance in government-owned entities and prevent past financial mismanagement.
Prevent 1MDB and Felda mismanagement
The Prime Minister aims to prevent abuses similar to 1MDB, Tabung Haji and Felda from recurring in future government contracts.
Improve decision-making speed
MoF staff must improve efficiency and speed in decision-making to meet public expectations for timely project implementation.
Start procurement earlier
MoF will begin procurement processes earlier to ensure projects benefit people and show progress by second quarter of the year.
Allow procurement without allocation warrants
MoF will explore allowing procurement processes to start without waiting for allocation warrants.
Focus on people and vulnerable groups
MoF staff must assist vulnerable groups as a key performance indicator for next year’s implementation.
The key point
Finance Ministry staff must use trust, agility and facilitation principles to implement Budget 2027 policies effectively and prevent past financial mismanagement.
