The 21st Legislative Council session entered its fifth day with discussions centred around the National Budget for the 2025/2026 financial year, presented by the Minister at the Prime Minister’s Office and Minister of Finance and Economy II Yang Berhormat Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah. The budget, themed ‘United to Build a More Prosperous Future’, was praised by members for its positive impact on the nation’s progress.
Legislative Council (LegCo) member Yang Berhormat Haji Mohd Salleh bin Haji Othman highlighted the country’s strong economic performance, citing a BND4.9 billion trade surplus and a 4.2 per cent gross domestic product growth, the highest since 1999. He emphasised the importance of fostering international relationships for better access to markets, investments and technology. He also advocated for the development of a comprehensive e-commerce platform to match global standards and stressed the need for secure banking policies to support local businesses.
LegCo Yang Berhormat Haji Mohd Salleh welcomed efforts to boost food security, noting the planting of rice on 74 hectares, which produced 289 metric tonnes using organic fertilisers. He also highlighted the establishment of 70 Agricultural Development Areas (KKP) aimed at developing the local agricultural sector.
LegCo Yang Berhormat Haji Mohammad Danial @ Tekpin bin Ya’akub raised concerns about the rapid pace of change in the country, urging a focus on quality governance, work ethics and the management of public services. He stressed the importance of proactive measures for dealing with natural disasters, like flash floods, calling for better drainage and maintenance systems. He also praised the government’s BND25 million allocation for flood control infrastructure.
LegCo Yang Berhormat Mohammad bin Abdullah @ Lim Swee Ann discussed the importance of diversifying revenue streams to reduce reliance on volatile oil and gas revenues.
He noted a budget deficit of BND3.09 billion for 2023/2024 and emphasised the need for updated tax policies that do not burden the public.
Additionally, he supported initiatives such as the Workforce Development Programme and the apprenticeship programme, which have benefitted local youth. In conclusion, the budget’s allocation for infrastructure, human capital development and disaster mitigation were recognised as essential for the country’s continued growth and prosperity. – Lyna Mohamad
