Finance Ministry orders spending cuts to ease budget pressure
PUTRAJAYA, April 29 - The Ministry of Finance today confirmed that guidelines have been issued to ministries and agencies to reprioritise operating expenditure in response to global supply chain challenges and rising subsidy commitments.
The ministry said the measure is part of a prudent fiscal management approach aimed at optimising government resources to ensure continued support for the people.
It stressed that spending adjustments will be carried out without affecting critical public services or undermining economic stability.
