PUBLISHED: 6 Apr 2024 at 07: 18
According to House Speaker Wan Muhamad Noor Matha, the second reading of the budget expenses for the 2025 fiscal year could be scheduled for the following month or in June.
According to Mr. Wan Noor, the government is scheduled to complete deliberating the spending proposal by the middle of this year, allowing for a special session to be held to deliberate the bill if the cabinet submits it. The new legislative session will start on July 3 and the recent one will end on April 9.
Another significant pieces of legislation may also be taken into consideration if the particular House program is called for the second reading of the finances bill, according to Mr. Wan Noor.
The state approved a 3. 6 trillion ringgit budget model for the 2025 fiscal year and a revised timeline for the budget-making operation in January.
The case was expected to consider the finances bill on March 26 in accordance with the time frame provided by lieutenant spokesperson Rudklao Suwankiri.
After some little changes, the costs may be resubmitted to the government for authorization on May 28 and then forwarded to congress.
The House’s second studying was scheduled for June 5 through June 6, while the second and third readings are scheduled for late August. In the first week of September, the Senate had explicit the costs.
The bill would then be forwarded for royal approval once it had passed legislature, allowing it to become effective by the time the new macroeconomic season officially begins in October.