Urgent.News

What's breaking now, across thousands of outlets.

World

Abang Johari unveils record RM14.84b Sarawak Budget with RM10.09b for development

KUCHING, Oct 12 — The Sarawak state government has unveiled a RM14.84 billion budget for 2027, with the theme &lsq...

Abang Johari unveils record RM14.84b Sarawak Budget with RM10.09b for development

On October 12, Sarawak Premier Tan Sri Abang Johari Tun Openg unveiled the state's 2027 budget, themed 'Together Building Prosperity and Securing Our Futures'. The budget, amounting to RM14.84 billion, was presented at the State Legislative Assembly.

Of the total budget, RM5.74 billion is allocated for operating expenditure (OE), while RM9.09 billion is set aside for the Development Fund Account. This fund aims to bolster the financial position for the RM10.09 billion Development Expenditure (DE) budgeted for 2027.

A significant portion of the OE budget is earmarked for personnel emoluments (RM1.42 billion, 25%), supplies and services (RM2.02 billion, 35%). RM1.97 billion (34%) is allocated for grants and fixed payments, covering statutory body grants, public debt servicing, gratuities, pensions, scholarships, and welfare assistance. The remaining funds, RM134 million (7%), are designated for asset procurement and other operating expenses.

The RM10.09 billion DE budget represents a nine percent increase from the original estimate. Abang Johari emphasized that this is among the highest development budgets, underscoring the government's commitment to fulfilling the needs of the Sarawakian people.

Projected revenue for 2027 is RM15.09 billion, a 16 percent increase from the 2026 estimate of RM13.04 billion. With total Ordinary Expenditure of RM14.84 billion, the budget is expected to yield a surplus of RM246 million. This significant increase in both revenue and budget underscores the state's robust economic outlook.

Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at malaymail.com →

More in World

More from Monday 12 October →