ACRONYMS AND ABBREVIATIONS

11MP Eleventh Plan GDP Gross Domestic Product

1MDB 1Malaysia Development GFSM Government Finance Statistics Berhad Manual

ATM average time to maturity GGs government guarantees

BNM Bank Negara Malaysia GoM

BOP balance of payments GPA Government Procurement Act

bps basis points GST Goods and Services Tax

BSH Cost of Living Aid ICT Information and Communication Technology BTC bid-to-cover IMF International Monetary Fund CBU Completely-Built-Up IPSAS International Public Sector CCB Commissioned Company for Accounting Standards Bondholders IR 4.0 Industrial Revolution 4.0 CITA companies income tax JBIC Japan Bank for International CPS consolidated public sector Cooperation

DE development expenditure KVDT Klang Valley Double Track

DMC Debt Management Committee KWAP Retirement Fund (Incorporated) DMO Debt Management Office LHDN Inland Revenue Board DSA Debt Sustainability Analysis LPPSA Public Sector Home Financing DSC debt service charges Board

ECRL East Coast Rail Link LRT3 Light Rail Transit 3

EDTP Electrified Double Track MAA Malaysian Automotive Project Association

Fed US Federal Reserves MAC market-access countries

FELDA Federal Land Development MARA Authority MGII Malaysian Government FPC Fiscal Policy Committee Investment Issues

FRA Fiscal Responsibility Act MGS Malaysian Government Securities FRL Fiscal Responsibility Legislations MITB Malaysian Islamic Treasury Bills G2G government-to-government MOE Ministry of Education GATE Guarantee and Acquisition toward Tokyo market MOH Ministry of Health Enhancement

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MPC Monetary Policy Committee PPR People’s Housing Project

MRT2 Mass Rapid Transit 2 PTPTN National Higher Education Fund Corporation MTB Malaysian Treasury Bills RPGT real property gains tax MTFF Medium-Term Fiscal Framework SPK Government Housing Sukuk

NFPCs Non-Financial Public SST Sales Tax and Service Tax Corporations SVDP Special Voluntary Disclosure O&G oil and gas Program

OE operating expenditure TBBC GST GST Refund Trust Fund

OPR overnight policy rate TNB Tenaga Nasional Berhad

PDRM Royal Malaysian Police TRC Tax Reform Committee

PETRONAS Petroliam Nasional Berhad TVET technical and vocational education training PFI private financing initiative WGBI World Government Bond PIC Pengerang Integrated Complex Index

PITA petroleum income tax ZBB zero-based budgeting

PPP public private partnership

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