Penang tables deficit budget for 13th consecutive year

By LO TERN CHERN

GEORGE TOWN: Penang has projected a RM514.53mil deficit in its 2024 Budget, marking its 13th consecutive deficit budget since 2011.

With RM1.047bil required for management of the state, the higher deficit in 2024 would be an increase of RM58.13mil compared to 2023, said Chief Minister Chow Kon Yeow.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Budget , Penang , Deficit , Chow Kon Yeow

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