Abang Jo tables RM13.6b largest ever state budget

 

Sarawak Premier Abang Johari Openg today tabled an expansionary state budget totalling RM13.6 billion for next year.

This represents an 18 percent increase from the RM11.5 billion allocated for the state’s operating and development expenditures for 2023, he said.

“The budget 2024 will continue to be an expansionary budget to boost government spending that will stimulate the state's economic growth,” he said when tabling the budget at the state assembly in Kuching today.

Under the budget themed 'Development for all: Together, building a prosperous, sustainable and united Sarawak”, the state government is allocating RM9.04 billion for development purposes and RM4.56 billion for operating expenditures.

“The budget will continue to provide allocations to key sectors to accelerate economic development and eventually make the state economy prosperous, robust and resilient,” he said.

Abang Johari said the focus on developing rural areas will continue.

“This effort is being reinforced by establishing nine regional development agencies, which are playing a pivotal role in empowering local communities through our bottom-up approach,” he said.

Abang Johari said the Sarawak government will provide cost of living relief in some areas to reduce the financial burden of the low- and middle-income groups, make targeted investments and continue to implement vital programmes and projects for the benefits of the rakyat.

“This is the largest-ever budget unveiled by the Sarawak government in history, a testimony to the success of our revenue reengineering efforts and prudent financial management,” he added.

- Bernama