Nga: Housing Ministry sees 5.08% increase in its Budget 2025 allocation

The Star

Housing and Local Government Minister Nga Kor Ming said his ministry had seen an increase of 5.08% or RM287.4mil in its Budget 2025 allocations this year, which was RM5.934 compared to last year’s RM5.647bil.   He said that 66% of the Housing and Local Government Ministry allocations would be used for development expenses while 34% would be used for operational costs.  Read more at https://shorturl.at/qR4ZM  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

Transcript

00:00Assalamu'alaikum warahmatullahi wabarakatuh.

00:30I am very grateful because I have managed to obtain additional demands.

00:35That is, the total number of demands that will be obtained by the Ministry is as high as 5.934 billion in 2025 spending.

00:47This indicates an increase of two consecutive years that is proud.

00:51That is as much as 5.08% compared to 2024.

00:58So this amount, 66% is spending for development.

01:05That is 3.962 billion.

01:09For management, it is 34%.

01:14This is an incentive that we focus on development.

01:20In order to raise the level of the people and the welfare of the people.

01:25If we compare to the national average, about 20.8% is for DE.

01:30About 79% is for OE.

01:33But for KPKT, it is the opposite.

01:36Most of it is for development.

01:39Where 66% is for development.

01:42For management, only 34%.

01:46Today, we will announce, after we make a summary of the budget,

01:53we have 11 main focus of development in 2025 spending.

01:59For this year, the government has allocated Rp200 million for cleaning,

02:06as well as the increase of long-term expenses in 2025 spending.

02:10To deal with flood risks.

02:13For the government's concern,

02:17Rp150 million out of the Rp200 million that I have announced,

02:22will be used starting today.

02:26In the next two months,

02:29Rp150 million will be spent by the PBT

02:34in the Hogspot flood area.

02:36So that we are ready

02:39to deal with the flood that will happen starting this November.

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Transcript

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