Malaysia legislation

Section 22

of PUBLIC FINANCE AND FISCAL RESPONSIBILITY ACT 2023

Section 22

The Minister in carrying out the assessment under paragraph 21(b), shall provide financial allocation and disclose fiscal risk based on the following conditions:

(a)

where the fiscal risk assessed can be quantified with reasonable accuracy and the financial commitment that can be assigned in the medium term arises, that financial commitment shall be disclosed in the fiscal outlook report; or

Section 22 — PUBLIC FINANCE AND FISCAL RESPONSIBILITY ACT 2023