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Perak expects surplus for second year running

Publish date: Sat, 02 Dec 2023, 09:09 AM

IPOH: The Perak government is optimistic about closing its 2023 accounts with a surplus.

Mentri Besar Datuk Seri Saarani Mohamad said the state’s financial position had continued to strengthen, with revenue collection as of Nov 25 having reached RM1.05bil.

“Along with that, cash flow as well as planned expenses were managed smoothly and we are optimistic about closing the account with a surplus for the second year in a row.

“The deficit budget provided for the year 2022 was successfully closed with a surplus of RM29.6mil,” he said when tabling Perak’s 2024 budget at the state assembly here yesterday.

He said the RM1.35bil budget for next year was the highest in Perak history, with RM491mil for development and RM856mil for operating expenses.

“Similar to last year, the state government will carry on with five focuses.

“These are the prosperity of the people, governance of state interests, human capital and youth development, environmental sustainability and food security,” he added.

Saarani said the bulk of the allocations would be for driving the economy for the prosperity of the people.

“About RM393mil will be allocated to implement development plans, including building and improving infrastructure,” he said.

Another RM202mil would be devoted to human capital and youth development, RM66mil to environmental sustainability, and RM63mil to strengthen food security, he added.

Saarani said the budget was drawn based on projected revenue and development receipts amounting to RM1.28bil.

“This consists of tax revenue of RM658mil, non-tax revenue of RM392mil, non-revenue receipts of RM193mil and development receipts of about RM37mil,” he added.

Saarani also announced a special financial aid of two months’ salary to all civil servants under the state administration.

The recipients, he said, would include state executive council members, state-appointed teachers, Orang Besar Jajahan and daily part-time workers.

“The special aid is also extended to all village chiefs who are appointed before Dec 15. Each of them will get RM400,” he said, adding that payment would be made on Dec 20.

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