SHAH ALAM: Malaysia will spend RM38.7 for the national security sector in 2024, an increase of some RM2.5 billion from this year budget. This is in contrast for the overall 2024 budget of RM393.8 billion which is lower than this year’s estimate of RM397.1 billion.
And the Defence Ministry 2024 budget of RM19.7 billion is much higher than Home Ministry’s one pegged at RM19.06 billion. Both allocations however surpassed last year’s one with Defence getting an increase of RM2 billion while Home got an extra RM1.1 billion.
The national security sector budget for 2024 constitute 2 per cent of the Malaysian GDP with the Defence allocation at one per cent. This continue to be lower than the amount that the Armed Forces had asked for a few years back, which was 1.5 per cent. 2023 figure was about 0.98 per cent.
In his budget speech Prime Minister DS Anwar Ibrahim announced the assets to be procured for the national security sector.
Twelve new helicopters for RMAF, Major assets for the Army including 60 armoured infantry vehicles, 50 High Mobility Light Tactical Vehicle, 733 support vehicles; Refit for the two RMN submarines and the procurement of three LMS, procurement of seven twin-engine aircraft and five light helicopters for the police and new assets to boost the maritime security of the nation – 45 boats for the Army and nine new generation patrol boats and interceptors for the MMEA. An allocation of RM400 million to repair living quarters of the Armed Forces while another Rm40 million to repair the sewage system in military camps
The breakdown for the Defence’s budget is as follows, Operational Expenditure (OE) is RM12.6 billion compared to RM11.4 in 2023, an increase of RM1.2 billion. The 2024 Development Expenditure (DE) is RM7 billion compared to RM6.3 billion in 2023, an increase of some RM700 million only.
It must be noted that most of the OE budget, almost 80 per cent or RM8 billion is for emolument – salaries and allowances. The rest are for supply and services RM3.9 billion; assets RM224 million; grants and fixed payments RM251 million, and other expenses RM776,700.
The DE allocation is – services and supply RM1.3 billion and assets RM5.7 billion. The DE for the Army is RM1.1 billion for assets and RM190 million for the construction. The RMN is getting RM1.9 billion for assets and RM122 million for construction. RMAF is getting RM2 billion for assets and RM23 million for construction. The rest of the DE allocation is for joint services, quarters, research and development and other services.
The requested DE allocation for RMK12 for Defence is RM55 billion and the allocation so far is RM14.7 billion. It is likely that the figure will not reach RM30 billion when RMK13 starts within two year’s time.
The Home Ministry’s breakdown: OE is RM13.9 billion in 2024 compared to RM13.8 billion in 2023. DE for 2024 is RM5 billion compared to the 2023 figure of RM4.7 billion. As with Defence most of the OE budget for Home is for emoluments.
The bulk of the DE of course is earmarked for the police, with RM2.7 billion allocated in 2024 compared to RM2 billion last year. The police’s Air Wing is getting RM32 million this year compared to RM9 million last year. The higher allocation is likely to account for the new airplanes and helicopters mentioned by PMX.
MMEA is getting RM621 million in 2024 compared to RM240 million last year.’
It must be noted that the requested Home DE for RMK12 is RM26 billion and so far, actual allocation is only RM10.5 billion.
— Malaysian DefenceIf you like this post, buy me an espresso. Paypal Payment