Acronyms and Abbreviations

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ACRONYMS AND ABBREVIATIONS 11MP Eleventh Malaysia 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 Government of Malaysia 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 Majlis Amanah Rakyat 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 Fiscal Outlook 2020 79 3.FO-Acronyms & Abbreviations (BI).indd 79 05/10/2019 12:49 PM ACRONYMS AND ABBREVIATIONS 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 80 Fiscal Outlook 2020 3.FO-Acronyms & Abbreviations (BI).indd 80 05/10/2019 12:49 PM.

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Advances in Language and Literary Studies ISSN: 2203-4714 Vol. 5 No. 1; February 2014 Copyright © Australian International Academic Centre, Australia Expectations Of Majlis Amanah Rakyat (MARA) Stakeholders On The Ulul Albab Curriculum At A MARA Junior Science College (MRSM) Umi Kalthom Abdul Manaf (corresponding author) Faculty of Educational Studies, Universiti Putra Malaysia, 43400, UPM Serdang, Selangor, MALAYSIA E-mail: [email protected] Nurul Fitriah Alias Universiti Teknologi MARA Ady Hameme Nor Azman Faculty of Educational Studies, Universiti Putra Malaysia, 43400, UPM Serdang, Selangor, MALAYSIA Fadzilah Abdul Rahman Faculty of Educational Studies, Universiti Putra Malaysia, 43400, UPM Serdang, Selangor, MALAYSIA Hafizah Zulkifli Information Science And Technology, Universiti Kebangsaan Malaysia Doi:10.7575/aiac.alls.v.5n.1p.12 Received: 07/01/2014 URL: http://dx.doi.org/10.7575/aiac.alls.v.5n.1p.12 Accepted: 21/02/2014 Abstract Ulul Albab is an educational programme of integration between the existing programmes in MARA Junior Science College (MRSM) with the religious school programme including Tahfiz Al-Quran. MRSM Ulul Albab education programme is designed to produce professional experts, entrepreneurs and technocrats that are well versed in the field of religion-based Al-Quran and Sunnah as Ulul Albab generation. This study aims to explore stakeholders' expectations on the Ulul Albab programme in MRSM Kota Putra, Besut Terengganu towards students' sahsiah. The methodology used was qualitative in nature in the form of semi-structured interviews conducted with the four MARA stakeholders. Validity and reliability of data were done through several techniques employed such as member checking, rich thick description, clarification of researcher biases, peer review and debriefing, and external audit.
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Lau Zheng Zhou is Research Manager of the Economics and Business Unit at IDEAS. His research interest is in the intersection between markets and institutions, such as government-linked companies (GLCs) and corporate welfarism, and also global value chains, China’s Belt and Road Initiative, and financial sector development. Lau obtained a First-Class Honours in Business Economics from the University of Nottingham and a Master’s degree in Political Science and Political Economy from the London School of Economics. Nur Zulaikha Azmi is a Research Executive in the Economics and Business Unit at IDEAS. She is a JPA scholar and obtained a First-Class Honours in Economics and International Economics from the University of Nottingham Malaysia. Her interests include developmental economics and public economics. * We would like to take this opportunity to thank the following individuals for the effort and expertise that they contribute to reviewing this report. Prof. Terence Gomez, Prof. James Chin, Lee Hwok-Aun, and Tricia Yeoh. We would also like to thank our intern Tay Yi Thong for providing much needed support in data collection ** Cover image download from www.freepik.com, www.parlimen.gov.my, www.mara.gov.my and www.benarnews.org 2 Making sense of complexity in statutory body governance: A case study of MARA Policy Brief NO. 22 Photo by Nour Betar on Unsplash Introduction The recent surge in politicians appointed to head government-linked entities has attracted broad criticism. These appointments are widely seen as political maneuverings by Prime Minister Muhyiddin Yassin to solidify his command of support of Dewan Rakyat members, thus ensuring the survival of the Perikatan Nasional (PN) government which he currently heads.
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