Penang sets 2028 recovery target after RM1bil budget deficits


Chow: By increasing revenue and managing our spending carefully, we will achieve this target.

DESPITE recording nearly RM1bil in budget deficits over five years, Penang Chief Minister Chow Kon Yeow assures the public that “the state is on the road to recovery”.

He said Penang’s Consolidated Revenue Account (AHD) stood at RM235.55mil as of May 31, 2025, up from RM155.94mil at the end of 2024.

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