Malaysia legislation
Section 14
Section 14
Public Finance and Fiscal Responsibility 15
(2)
The Government shall adopt effective and efficient public expenditure policies that—
(a)
ensure public expenditure is managed prudently;
(b)
resources are efficiently and effectively allocated;
(c)
programmes and projects implemented have high impact and multiplier effect to the economy; and
(d)
ensure that allocation spent are value for money.
(3)
The Government shall, before making any decision and policy that involves additional expenditure, assess the financial implication together with expenditure recalibration or reprioritisation strategies and revenue measures.
16
Act 850
Responsibility of Minister in relation to public expenditure