Jo­hor an­nounces sur­plus bud­get

> With re­serve fund at its high­est, state pre­pares RM1.303m for next year

The Sun (Malaysia) - - NEWS WITHOUT BORDERS - BY LOW SOCK KEN

ISKAN­DAR PU­TERI: The Jo­hor state gov­ern­ment yes­ter­day an­nounced a sur­plus state bud­get for next year, the sev­enth in a row since 2011.

Tabling the state bud­get at the Jo­hor state assem­bly yes­ter­day, Jo­hor Men­tri Be­sar Datuk Mo­hamed Khaled Nordin ( pix) said: “The Bud­get 2017 is a sur­plus bud­get of RM1.303 mil­lion for next year.”

He said the State Re­serve Fund now stood at RM3.43 bil­lion, the high­est record in Jo­hor history.

Giv­ing de­tails, he said, the state gov­ern­ment man­aged to col­lect un­til Nov 16 a to­tal of RM1.369 bil­lion with per­for­mance lev­els reach­ing 96% of the es­ti­mated rev­enue of RM1.425 bil­lion. He also dis­closed that the state rev­enue col­lec­tion for next year was ex­pected to reach RM1.609 bil­lion, an in­crease of 12.86% from the rev­enue es­ti­mated in Bud­get 2016. “We ex­pect an es­ti­mated eco­nomic growth rate of be­tween 4.5% to 5.5% next year, higher than the na­tional eco­nomic growth rate of 4% to 4.5%,” said Mo­hamed Khaled.

He said Jo­hor was on the right track to be­com­ing the south­ern eco­nomic pow­er­house.

Giv­ing a break­down of the Bud­get 2017, Mo­hamed Khaled said RM907.67 mil­lion is for man­age­ment ex­pen­di­ture which in­clude emol­u­ment (RM479.22 mil­lion ), ser­vice and sup­ply (RM244.61 mil­lion), de­part­ment as­sets buy­ing (RM20 mil­lion), and other ex­pen­di­tures (RM4.94 mil­lion).

Jo­hor has also al­lo­cated RM763.3 mil­lion for de­vel­op­ment ex­pen­di­ture – the high­est in the state’s history.

Mo­hamed Khaled also an­nounced that 11,000 state civil ser­vants will get half month salary as bonus.

“We would not have achieved our suc­cess with­out the civil ser­vants. The bonus is our ges­ture of ap­pre­ci­a­tion. I hope they will con­tinue the hard work and strive for bet­ter ex­cel­lence and pro­duc­tiv­ity.”

The 56 state as­sem­bly­men will also en­joy the bonus al­lo­ca­tion ir­re­spec­tive of the party they be­long to.

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