Over BND218M budget for MoD proposed

|     Danial Norjidi     |

THE Ministry of Development (MoD) has been allocated a proposed budget of BND218.38 million for the financial year 2019/2020.

Minister of Development Yang Berhormat Dato Seri Setia Awang Haji Suhaimi bin Haji Gafar announced this yesterday during the afternoon session of the 15th Legislative Council meeting.

The minister said that from this, BND97.47 million has been earmarked for staff salaries, while BND120.91 million is for recurring expenses.

“Meanwhile, a total of BND438.2 million has been allocated under the 11th National Development Plan (RKN11) expenditure to continue the implementation of infrastructure projects that are being and will be implemented as planned.”

The minister emphasised the commitment of the MoD in support of efforts to strengthen the government’s financial position through the management of revenue collection, prudent spending and value for money.

“As of February 2019, BND78.2 million – which is 66.7 per cent of the total estimated revenue of BND117.3 million – has been collected,” he said, sharing that efforts to improve efficient collection of revenue will be pursued with the availability of technology and online payment systems in the future.

Meanwhile, a total of BND532.8 million, which is 66 per cent of the total budget allocation for 2018/2019, has been spent up to now.

The minister affirmed that the MoD’s focus for 2019/2020 to support the theme of ‘Investing in Our Future’ is in line with the ministry’s Policy Framework and Strategic Plan 2018-2023.

“This Policy Framework and Strategic Plan is a comprehensive plan of the ministry which outlines the policy direction in priorities areas and provides strategy and implementation arrangements from aspects of land use planning, infrastructure development provision and environmental management so that they are closely coordinated with the country’s socio-economic development in line with the duties and responsibilities towards the realisation of Brunei Vision 2035.”