Sarawak sets aside RM9bil to fund development – the highest so far


Sarawak Premier Tan Sri Abang Johari Tun Openg showing the budget speech upon arriving at the Sarawak Legislative Assembly on Monday (Nov 20). - ZULAZHAR SHEBLEE/The Star

KUCHING: Sarawak has budgeted about RM9bil to fund development projects under its 2024 state budget – the highest so far.

In 2024, Sarawak is projected to increase revenue collection to RM12.75bil, and the development expenditure would account for 66% of the total proposed expenditure, said Sarawak Premier and Finance and New Economy Minister Tan Sri Abang Johari Tun Openg.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

FBM KLCI little changed in early trade amid dearth of new catalysts
Ringgit opens higher against US$
Trading ideas: IOIPG, MRCB, EXSIM Hospitality, Avaland, DPS, Nuenergy, SCIB, Vanzo, TXCD, LYC, Vestland, Paradigm REIT
The Week Ahead
Overseas expansion important strategic milestone for Oriental Kopi
How SMEs can leverage Mida for growth
Property sector’s current slowdown to�be short-lived
Plantation players poised to perform well
Financing boost for digital economy
Kelington�forecast to benefit from global chip boom

Others Also Read