Highest and surplus RM5.lb budget

Politics
26 Nov 2022 • 11:07 AM MYT
Daily Express
Daily Express

Daily Express Online (Malaysia) is Sabah's top-ranked & most viewed English news site. It is also Sabah's leading & most circulated daily English newspaper.

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Kota Kinabalu: The State Government has proposed a RM5.138 billion budget for 2023 with a surplus of RM130.47 million – the ninth consecutive surplus budget for Sabah since 2015. The preceding year’s budget was RM4.6 billion.

Chief Minister Datuk Seri Hajiji Noor said it is Sabah’s highest budget since independence with focus on strengthening the economy and progress for the State and people.

Sabah, he said, is on the right track towards economic recovery with a recorded positive growth rate of 1.1 per cent in 2021 compared to 9.2 per cent contraction in 2020.