wrapper

Hot Topics

VISION
Towards creating a professional management of government funding.

MISSION
Managing loans and government financial policy affairs prudently.

OBJECTIVES

  1. Preparation of policies and strategies related to the Federal Government loans;
  2. Sufficient acquisition of funds to finance the needs of the Government;
  3. Provision of loans to finance development projects;
  4. Supervision of legal matters and development matters relating to the country’s financial and capital markets;
  5. Handle domestic and international affairs of financial/ trusts institutions; and
  6. Provide actuarial services to public and private sectors.

FUNCTIONS

  1. Formulate investment and financing policies;
  2. Evaluate companies and Public Private Partnership (PPP);
  3. Evaluate financing and risks; and
  4. Manage and monitor investment.

 

CLIENT CHARTER

  1. Acquisitions of funds (by means of loans) from domestic and foreign resources for projects financing to be managed within the following time frame :
    a.  Borrowing approval  1 month
    b. Preparation and documentation approval 1 month
     c.  Compliance with precedent conditions 2 weeks
  2.  Lending of Federal Government to State Governments, corporations, statutory bodies and other bodies to be dealt within the following period:
    a. Borrowing approval  1 month
    b. Preparation and documentation approval 1 month
    c. Loan disbursement  2 weeks
  3. Grant approval to borrowing agencies - 2 weeks;
  4. Process approval for guarantees on loans to companies and government agencies - 1 month;
  5. Process approval for policy recommendations, legislative changes and orders from regulatory agencies - 2 weeks;
  6. Control of policy compliance and appliance of regulations and legislation - 2 weeks;
  7. Coordinate policies on trust - 2 weeks;
  8. Process approval on cooperation programmes and affairs of international financial institutions - 1 month;
  9. Process approval on venture capital programmes - 2 weeks;
  10. Process approval of corporate affairs of the Government companies in venture capital - 2 weeks;
  11. Review salary schemes, remuneration and pensions of public sector and the implementation method for the company, corporate and government statutory bodies - 6 months;
  12. Review plans and schemes of social insurance for corporations, cooperatives, associations and councils - 2 months;
  13. Process approval of dividend rate setting for Employees Provident Fund (EPF), Armed Forces Fund Board’s dividend (LTAT) and Lembaga Tabung Haji’s reserve (LTH) - 2 months;
  14. Recommendation for approval to the proposed investments of the EPF, SOCSO, LTH and LTAT -  2 weeks; and
  15. Recommendation for approval of loans for the Tourism Infrastructure Fund - 2 weeks;
  16. Process approval on policy / guidelines of development fund - 1 month.

 

ORGANIZATION CHART

 

Template Settings

Color

For each color, the params below will give default values
Blue Green Red Radian
Select menu
Google Font
Body Font-size
Body Font-family