Kuala Lumpur: The government is constantly evaluating and improving the implementation of government projects, including public-private partnership projects, said Deputy Finance Minister Lim Hui Ying. Lim emphasized that this approach is aimed at ensuring these projects remain viable financing instruments without exerting long-term pressure on the country's fiscal position.

According to BERNAMA News Agency, Lim highlighted that only strategic projects with a high impact on the economy and the well-being of the people are considered, aligning with government policy priorities. She stated that the government is also enhancing monitoring and reporting mechanisms to ensure transparency in concession agreements and to mitigate uncontrolled contingent liability risks.

Lim further mentioned that the Public Finance and Fiscal Responsibility Act 2023 serves as the primary framework to ensure fiscal discipline, including controlling government debts and liabilities. Her remarks came in response to a supplementary question from Datuk Mohd Shahar Abdullah (BN-Paya Besar) on whether the government is considering public-to-public partnerships for large infrastructure projects.

The government also evaluates fiscal risks and liabilities through platforms like the fiscal risk and liability committee, chaired by Finance Minister II Datuk Seri Amir Hamzah Azizan, and the fiscal policy committee, chaired by Prime Minister Datuk Seri Anwar Ibrahim. Lim explained that this mechanism ensures that financing for existing and new infrastructure projects via alternative models does not hinder fiscal consolidation efforts and the country's financial stability.

Responding to Mohd Syahir Che Sulaiman's (PN-Bachok) inquiry about monitoring public-private projects, Lim assured that the government remains committed to closely overseeing all projects implemented through any partnership method. She reiterated the government's dedication to prudent fiscal management while strengthening the country's economic resilience.