KUALA LUMPUR: The Supply Bill (Budget) 2020 was passed at Dewan Rakyat today after receiving members’ majority support through a voice vote.
Dewan Rakyat Speaker Tan Sri Mohamad Ariff Md Yusof announced the decision at about 6.40pm.
Earlier, the Supply Bill 2020 was tabled for a third reading by Finance Minister Lim Guan Eng, and was seconded by Deputy Entrepreneur Development Minister Datuk Dr Mohd Hatta Md Ramli.
Lim tabled the 2020 Budget, which allocates RM297 billion – not including contingent savings of RM2 billion – on Oct 11.
The budget is an increase of RM19.5 billion over the RM277.5 billion for the 2019 Budget – without taking into consideration a one-off allocation for the repayment of the Goods and Services Tax (GST) and income tax arrears.
The allocation includes RM241 billion for operating expenditure; while the balance of RM56 billion is for development expenditure.
The 2020 Budget is the second tabled by the Pakatan Harapan government since taking over Putrajaya on May 8, 2018.
The Dewan will sit again on Monday. – Bernama