Posts Tagged ‘PMO’

Twice a month salary to benefit Brunei

Written by Rano Iskandar on . Posted in lifestyle, Business, Social News

 


New salary scheme to be introduced for government servants in their pilot initiative for those under Prime Minister’s Office and the Ministry of Finance by January 2018
 

I heard of the rumour a few weeks ago from a reliable source and yesterday’s briefing by Ministry of Finance confirmed that there will be a pilot initiative of twice-monthly salary payment starting January 2018. The first phase will be introduced to the officers and staffs under the Prime Minister’s Office and the Ministry of Finance.

The briefing took place at two venues at the Prime Minister’s Office and the Ministry of Finance led by Dato Paduka Ahmaddin bin Haji Abd Rahman, The Permanent Secretary (Policy and Investment) at the Ministry of Finance and Dayang Norliah binti Haji Kula, The Permanent Secretary (Performance) at the Ministry of Finance respectively.

The briefing discussed on the reasons on why the bi-monthly salary is being implemented. Firstly it is to enhance the effectiveness of officers’ and staff’s cash flow management when it comes to spending on their daily needs. This will encourage them to facilitate their spending plans. Secondly, it will help to sustain the commercial and economic activities happening in Brunei Darussalam. This will also help to increase the domestic spending and make the economy more resilient than before.

With the execution of the new initiative at the said ministries, this will enable the Treasury Department to assess and carry out feedback to ensure that the Computerised Payroll System and Daily Paid System are running smoothly.

 


Dato Paduka Ahmaddin bin Haji Abd Rahman, The Permanent Secretary (Policy and Investment) at the Ministry of Finance briefing officers and staff at Prime Minister’s Office yesterday.
 


The audience at the Prime Minister’s Office
 


The audience at the Prime Minister’s Office
 

Under the two ministries, the ones who will undergo the new system are officers and staff who hold permanent, contractual, monthly, open-vote and daily-paid status and also whose salaries are disbursed through the Treasury Department.

It was mentioned that those under the i-Ready Scheme and Capacity Buidling Centre will not be affected by the new initiative. Other exemptions are those under Service Pensions, Old Age Pension Allowance, Welfare Assistance and Allowance for the Disabled to name a few.

The financial institutions (banks and such) provide support to the initiative as they will divide into two payments of personal loans, housing loans, car purchasing loans and other loans which would mean that the salary deductions for loan payments would be applied twice a month.

If you are still unclear or need more information, you can visit www.mof.gov.bn or call their landline at 2383444. Images courtesy of MOF.

 


Dayang Norliah binti Haji Kula, The Permanent Secretary (Performance) at the Ministry of Finance briefing the officers and staff at Ministry of Finance
 


The audience at the Ministry of Finance
 

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About RA

A blogger since 2002, using platforms from blogspot, joomla and now currently wordpress. A readership that stands on average of 20,000 visits per month. Also on active on social media platform on IG, Facebook and Snapchat (@ranoadidas)

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