Sabah tables record RM5.138bil budget for 2023

  • 📰 staronline
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 75%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

KOTA KINABALU: The Sabah government has tabled a surplus state Budget 2023, with its largest annual allocation to date at RM5.138bil.

Chief Minister Datuk Seri Hajiji Noor said the state's revenue collection for next year was estimated to be RM5.268bil, giving it a surplus of RM130.47mil.

“The primary focus is to drive and strengthen the state’s economy to ensure continuous and inclusive progress and prosperity for Sabah and its people,” he said. For next year, RM2.405bil, was expected to come from, among others, state sales tax of RM2.270bil, land rent of RM90mil and ports and harbour dues of RM44.5mil.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malaysia hadapi cabaran 2023 dengan asas yang kukuh - RAM RatingsMalaysia tidak dapat lari daripada kesan gandaan pertumbuhan global yang lebih perlahan tahun hadapan, mengurangkan permintaan luar
Source: UMonline - 🏆 27. / 51 Read more »

Penang state govt has until early Aug 2023 before dissolution, says CMGEORGE TOWN: The Penang state legislative assembly will have until Aug 2, 2023 to dissolve.
Source: staronline - 🏆 4. / 75 Read more »

RAM Ratings forecast a slower but respectable GDP growth of 4.3% for Malaysia in 2023KUALA LUMPUR: RAM Rating Services Bhd (RAM Ratings) expects Malaysia’s gross domestic product (GDP) to remain respectable in 2023 despite a slower growth forecast of 4.3 per cent compared with 8.2 per cent growth projection for 2022.
Source: staronline - 🏆 4. / 75 Read more »

Bajet 2023 masih samarKemelut politik yang berpanjangan akan memberi ke­san kepada ekonomi untuk jangka panjang dan kerajaan perlu dibentuk secepat mungkin. Pakai la cermin mata
Source: UMonline - 🏆 27. / 51 Read more »

To Europe and beyond in 2023Say goodbye to travel anxiety and discover Trafalgar Tours’ fuss-free, dream vacations in the new year!
Source: staronline - 🏆 4. / 75 Read more »

TM’s robust sales likely to extend into 2023The robust top line experienced by Telekom Malaysia Bhd (TM) is expected to extend into 2023 as economic activities continue to normalise.
Source: staronline - 🏆 4. / 75 Read more »