MB: Johor not on the verge of bankruptcy


  • Nation
  • Friday, 10 Dec 2004

JOHOR BARU: Johor is not on the verge of bankruptcy and is in fact expecting a surplus budget by the end of the year, Mentri Besar Datuk Abdul Ghani Othman said. 

Ghani said the state’s financial situation was under control and up to November, records already showed a surplus of RM153.99mil, adding that when the state government closes its financial records at the end of December, an estimated surplus of RM98.28mil was expected. 

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