$800 Million Allocated

The Legislative Council Session also approved the second resolution under Paragraph 4 Section 2 from the Development Fund Act, Chapter 136 as proposed by the Minister at the Prime Minister's Office and Second Minister of Finance and Economy, as required by Paragraph 4-2 from the Development Fund Act Chapter 136, that the budget of 800 million dollars is approved to be allocated from the Development Collection of Monies for specific purposes as mentioned in the Estimated Development Budget 2020/2021 presented as paper number 2 for 2020. The proposal by Yang Berhormat Dato Seri Setia Doctor Awang Haji Mohd Amin Liew bin Abdullah was approved by the Members of the Legislative Council to be made into an Act.

Yang Berhormat said the proposal for the National Development Plan budget discussed in the detailed and lengthy deliberation during a committee meeting has been approved without amendments. Yang Berhormat stated the desire of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam to continue with the set plans. It was also proposed for the council to make a resolution as required by Paragraph 4-2 from the Development Collection of Monies Chapter 136 that the budget of a sum of 800 million dollars is approved, allocated and requested from the Development Fund for specific purposes under it as mentioned in the Development Budget Estimate 2020/2021 and presented as paper number 2 for 2020.

Source: Radio Television Brunei