Wednesday, November 12, 2003

News : PM Directs Treasury to Settle Bills with Suppliers

Its about time for the PM to mention something about this. Not all government suppliers have cash to spare. For some, every single cent is crucial for the business's cash flow. And yet we often hear payments are only made after 5-6 months if you're lucky. And for those who rendered the service in the beginning of the year, too bad for you as most of the time payment are only speeded up at the end of the year. What do you do? You wait loh!



The Treasury has been directed to take immediate measures to settle all outstanding payments to government suppliers and ensure that future payments be made within 30 days of the delivery of goods or services.



Prime Minister Datuk Seri Abdullah Ahmad Badawi said the Government must be a good paymaster and not delay payments for goods supplied and services rendered.




Source : The Star Online - PM directs Treasury to settle bill with suppliers (12 Nov, 2003)

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