KUANTAN: The Pahang government has tabled a surplus budget of RM808.81mil for next year, with a bulk of it going towards management spending.
Mentri Besar Datuk Seri Adnan Yaakob said in his speech that RM638.66mil would be allocated for management, RM74.5mil allocation for development expenditures and RM95.65mil from Federal Government loans. He said this was against the estimated revenue of RM811mil for 2014, which would make it a surplus budget.
“This is the 11th state budget which is a surplus in the past 20 years (1992 to 2012). This shows the Government is prudent in managing the state’s finances,” said Adnan at the state assembly here yesterday.
He said in 2014, the state budget would still show a surplus by RM2.19mil.
On the focus of the state budget, Adnan said it was in line with the Federal Government’s objective of providing a friendly and condusive environment for the people and investors, increasing investments so as to create a sustainable economic growth, prudent spending and reducing fiscal deficits.
On the significant sum allocated for management, Adnan said RM499.64mil was for expenditures, RM18.15mil for new policies and RM120.87mil for a one-off budget.
“This one-off budget is a contribution from the state government to Perbadanan Air Pahang Bhd (Paip) for salary payments and contract workers’ allowances, purchase of work equipment and office furniture as well as development fees.
Adnan also said that the Federal Government is expected to give a special payment of RM100mil next year following the discovery of oil and gas in waters of Pahang.
He said the special payment would be used for the benefit of Pahang residents.
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