Page 152 - Malaysia 2016
P. 152
2016

INTRODUCTION Treasury

The Ministry of Finance is the leading Treasury is responsible to formulate
strategic authority that is enabling and implement fiscal and monetary
financial and economic outcomes to policies in order to ensure effective and
ensure sustainable growth and prosperity efficient distribution and management
for the people and the nation. Its functions of financial resources. The divisions that
are to formulate and implement fiscal are under Treasury after the Treasury
and monetary policies in order to ensure Transformation Program 2013 are divided
effective and efficient distribution and into Sector Policy, Management Sector
management of financial resources; and Investment Sector:
to formulate financial management
and accounting processes, procedures • National Budget Office (NBO)
and standards to be implemented • National Strategy Unit (NSU)
by all Government; to manage the • Special Commissioners of Income
acquisition and disbursement of federal
Government loans from domestic and Tax (PKCP)
external sources; to monitor that Minister • Statutory Body Strategic
of Finance Incorporated companies
are managed effectively; to Monitor Management Division (SBM)
the financial management of Ministries, • Tax Division (TAX)
Government Departments and statutory • Customs Appeal Tribunal (TRK)
Bodies; and to formulate and administer • Legal Division (BUU)
policies related to be the management • Public Asset Management Division
of Government procurement.
(PAM)
Departments / Agencies • Remuneration Policy and

• Treasury of Malaysia Management Division (RPM)
• Accountant General’s Department • Government Procurement Division

of Malaysia (GPD)
• Royal Malaysian Custom • Fiscal & Economics Division (FED)
• Government Investment Companies
Department
• Inland Revenue Board Of Malaysia Division (GIC)
• Valuation and Property Services • International Division (INT)
• Corporate Strategy and
Department
• Central Bank of Malaysia Communication Division (CSC)
• Securities Commission • Strategic Investment Division (SID)
• Bursa Malaysia Berhad • Treasury Internal Audit Division (ADP)
• Employees Provident Fund (EPF) • Information Technology Division (ITD)
• Langkawi Development Authority • Registrar Office of Credit Reporting

(LADA) Agencies (PPK)
• Khazanah Nasional Berhad • Integrity Unit (UI)
• Bank Simpanan Nasional • Sabah Federal Treasury
• Retirement Fund (Incorporated) • Sarawak Federal Treasury
• Labuan Financial Services Authority
ACHIEVEMENTS AND
(Labuan FSA) ACTIVITIES
• Malaysian Totalisator Board
• Tun Razak Foundation Urban Transformation Centre (UTC)
• Public Sector Home Financing Board
UTC is the abbreviation for Urban
(LPPSA) Transformation Centre. It is one of the
efforts and initiatives of the Government
to provide the urban community with key
government and private sector services
under one roof.
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