PAD 370: TUTORIAL

GROUP MEMBER:
NAME STUDENT ID

WAN NORBALQIS AMALIN BINTI WAN 2019238508

BASUKI

NUR AIN AKMAL BINTI KAMARUDIN 2019401236

NUR AMIRAH BINTI ROSLE 2019437062

SITI NOOR AMALINA BINTI ZAKI 2019434494

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 What is public financial administration

● Public Finance Administration or sometimes also known as

Government Finance Administration is a field that is quick
expanding in its scopes, and is consider as among the most
important portfolio in the government. In Malaysia and also most
parts of the world, the PFA vary from year to year. New programs
are inculcated, and likewise old programs are either discarded in
whole or in part
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 1 Concept of Public Finance in PAD 370: Role
of Ministry of Finance (MoF)

● According to the Concept of Public Finance in PAD 370 under the area of
development expenditure, emergency spending is allowed by Article 103 of the
Constitution for specific emergencies like as wars, famine, and flood. From the
Laporan Laksana, an effort to help those affected by the floods, the government
provides support through the Malaysian Family Flood Assistance to alleviate the
burden of those affected. The Government will ensure that all assistance and facilities
to flood victims are implemented comprehensively, effectively and comprehensively
under the Malaysian Family Flood Assistance with a total allocation value of RM1.4
billion
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 Here are the Government’s
specific initiatives to alleviate
the burden of flood victims
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 2 Concept of Public Finance in PAD 370: Role
of Ministry of Finance (MoF)

● From development aspect, PFM are major player in giving the benefits to public and not
only the process and efficiency but gained together with surrounding development.
From the Laporan Laksana, The National Economic Regeneration Plan (PENJANA)
program aims to stimulate job demand in among employers and increase employment
opportunities as well employability among local job seekers. The Ministry of Human
Resources has been tasked to implement the CAREER GENERATOR program through
SOCSO. In a nutshell, CAREER GENERATOR is an incentive provided to encourage
employers to hire employees while MyFutureJobs is a portal developed for job seekers,
especially to help those affected by the COVID-19 outbreak. All other categories under
carrer generator 2.0 are maintained with improvement to the malaysianization category
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 Here are the
improvements announced
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 3 Concept of Public Finance in PAD 370: Role
of Ministry of Finance (MoF)

● Refer to the public expenditures, a basic of implementing government policy and utilize sources
productively and effective, play an important role in the economic development of a country.
From the Laporan Laksana, Wage Subsidy Program (PSU). PSU 1.0, PSU 2.0 and PSU 3.0 are
financial assistance paid to the employer of each enterprise for each local employee earning
RM4,000 and below. The purpose of the PSU is to assist employers who are economically
affected by COVID-19 to be able to continue the company's operations as well as prevent
employees from losing their jobs and sources of income for all enterprises. Through the PSU 4.0
initiative, the government will accommodate up to 500 employees per employer at a rate of
RM600 per employee.
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 The Malaysian government
has just launched the latest version
of the Wage Subsidy Program
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 4 Concept of Public Finance in PAD 370: Role
of Ministry of Finance (MoF)
● Referring to the Concept of Public Finance in PAD 370 under the scope of
development expenditure, the government’s role is to reinforce the economic
development by increasing production and real income of the country. From the
LAKSANA Report, in line with the digital literacy and skills upgrading program,
the Government in collaboration with Malaysia Digital Economy Corporation
(MDEC) has introduced the MyDigitalWorkforce in Tech (MYWiT) initiative to
improve the skills and capabilities of Malaysian workers by encouraging companies
to hire Malaysian workers for digital technology and services jobs through
incentives. salaries and training course subsidies. The incentive provided is a
subsidy of 40% of the monthly salary for 6 months, limited to a minimum salary of
RM2,000 with incentivesa maximum of RM2,600 per month while the subsidy for
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training courses offered is up to RM8,000 per person.

 The Government of Malaysia in collaboration
with Malaysia Digital Economy Corporation
(MDEC) has introduced the MyDigitalWorkforce
in Tech (MYWiT) to improve the skills and
capabilities of Malaysian workers.
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 5 Concept of Public Finance in PAD 370: Role
of Ministry of Finance (MoF)
● In terms of development aspects, the government plays an important role in developing
the country's economic structure, including in the tourism and cultural sectors. According
to the third core of the National Economic Regeneration Plan (PENJANA) which is to
stimulate the economy, the recovery support is given specifically to help certain sectors
to find and use economic opportunities, especially in the digital space. From LAKSANA
Report, support for the arts, culture, and entertainment sector is one of the CENDANA
Rehabilitation Initiative, the Government has allocated RM10 million which is expected
to benefit 3,000 recipients from artists and organizations in the Malaysian arts and
culture sector. Recipients will receive the size of the grant different depending on the
targeted application and program. A total of RM6.71 million was channeled to 586
applicants. Creative industry players are also advised to take advantage of the facilities
provided.
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 CENDANA Rehabilitation Initiative that
will benefit artists and organizations in
the Malaysian arts and culture sector.
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Thank you!
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