We're not usurping Finance Ministry's powers, says Economic Affairs Ministry

UPDATED 7.02PM | PARLIAMENT | It says a differentiation should be made between share ownership and management operations.

MOF: No SST for construction services, building materials

Minister Lim Guan Eng hopes the abolition of GST and exemption of SST will ease the pressure on house, building prices.

Gov't seeks to reallocate funds to 14 ministries

Economic Affairs Ministry to receive the bulk of reallocated funds for management and development.
  Geraldine Tong

MOF wants Arul to reimburse RM2.5m

Putrajaya now wants to retrieve the first half of 1the MDB boss' golden parachute.
  Anne Muhammad

Guan Eng: Offer to resign by Khazanah MD, directors a 'smart move'

UPDATED 5.52PM | The departure of Azman Mokhtar and eight other board members will allow the PM some choice, says the finance minister.
  Kow Gah Chie

Yoursay: Spreading cabinet workload is separation of powers at work

YOURSAY | ‘Lump everything in Finance Ministry and you get a repeat of what happened before.’

Azmin disagrees Guan Eng's role reduced to 'bookkeeper'

He rejects the 'MCA version' and declines comment on the claim made by Ayer Hitam MP Wee Ka Siong.
  Kow Gah Chie

SST to be set at 6pct for services, 10pct for sales

According to finance minister, SST bill is expected to be passed in August and implemented in September.

Guan Eng: No more strong-arm tactics by IRB

Finance minister promises civilised discussions with defaulters, no more armed office raids by IRB.
  Alyaa Alhadjri

Putrajaya greenlights LRT3 after halving cost​​​​​​​

UPDATED 10.45AM | Finance minister says total project cost project was whittled down by 47 pct to RM16.63b.

Yoursay: Guan Eng is right on financial transparency

YOURSAY | Let us call a spade a spade and work towards expunging the debt.

Gov't 'forced' to bail out TRX to the tune of RM2.8b

UPDATE 4PM | Putrajaya's options are either to plug the RM2.8b hole, or pay RM3.51b in compensations and deal with an eyesore.
  Koh Jun Lin

RM400 Aidilfitri bonus for mosque officials and Kafa teachers

This will cost the public RM26.6 million, says finance minister.

‘Unpopular’ finance minister? So be it, says Guan Eng

The DAP sec-gen says brutal truth is better than 'creative' lies when it comes to country's finances.
  M Saraswathi, Bernama

Dust yet to settle with ongoing probe at Finance Ministry

Documents still being dissected in a 'painful but necessary' process, says Finance Minister Lim Guan Eng. 
  M Saraswathi, Siti Radziah Hamzah & Nurul Hanis Izmir, Bernama

MOF: Najib only announced Raya bonus, but set no money aside

Budget 2018 announcement on RM1,500 bonus still needs parliamentary approval.

Sleepless nights as Guan Eng sweeps for 'time bombs' in MOF

INTERVIEW | My task is to heal the nation by healing the country's financial condition, says the finance minister.
  Low Chia Ming

Tabung Harapan an exercise in altruism and patriotism, says Guan Eng

INTERVIEW | The sum will not be enough to cover the hole, but it made us better Malaysians, says new finance minister.
  Low Chia Ming

'Red files' reveal more scandals on lopsided contracts - Guan Eng

Apart from 1MDB, he says, MOF's secret files shed light on deals that put the gov't on the losing end.

M'sia will meet projected budget deficit of 2.8 percent for 2018

COMMENT | The gov't will be rationalising federal gov't expenditure and obtaining extra revenue through various means.
  Lim Guan Eng

Clarify liabilities in 'RM1 trillion' report, economist tells Guan Eng

INTERVIEW | Clear assessment of contingent liabilities and public-private partnerships needed, says Shankaran Nambiar. 
  Susan Loone

DPM: Chinese finance minister a good way forward

Wan Azizah says Lim Guan Eng's appointment as finance minister a good sign for racial integration in M'sia. 

Lim: Where's US$8.33b of 1MDB funds, Najib?

Finance minister's query is in reference to a phase under which 1MDB funds were allegedly misappropriated. 

Finance Minister: BR1M to be renamed, paid out before Hari Raya

Guan Eng says this is in accordance to a directive from the prime minister. 

Guan Eng to forge ahead with 'truthful' approach, despite Bursa fears

More important for new gov't to show its commitment to transparency, says finance minister.

Explaining the facts behind liabilities of RM1 trillion

COMMENT | By recognising our true debt situation, the gov't can take concrete actions to strengthen our finances.
  Lim Guan Eng

MOF confirms Bank Negara, Khazanah funds used to pay 1MDB debts

UPDATED 7.58PM | Lim Guan Eng says the funds were used to service 1MDB's debts to IPIC.

Khazanah: No control over how MOF spends money

MOF redeems RM1.2b from Khazanah on date when US$310m paid to IPIC.

Three giants later, last of 'Big Four' to crunch 1MDB accounts

Finance minister wants PWC to determine 1MDB's financial standing.
  Geraldine Tong

MOF will take possession of 1MDB offices - Guan Eng

UPDATED 8.45PM | 'We have instructed ministry officials to take possession of the building as shareholders.'
  Geraldine Tong
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