Penang tables RM1.07b Budget 2027 with record-low RM5.62m deficit

George Town, October 30 — E-hailing drivers will receive a one-time payment of RM600 in 2027 as part of Penang's newly introduced Budget 2027. The Chief Minister, Chow Kon Yeow, explained that this incentive recognises the welfare of public transport sector workers. The allocation limit for this program is RM9 million, with RM1.2 million reserved for taxi drivers and school bus operators.

Meanwhile, Penang has expanded its i-Sejahtera programme into the Mempelai Emas initiative, offering newlyweds a RM500 one-off contribution for meeting eligibility criteria. As of September 30, the state government had disbursed RM57.8 million through the first and second phases of the i-Sejahtera programme, benefiting 299,504 recipients.

The additional Mempelai Emas programme is also part of the RM58 million annual allocation for 2027. Penang is also exploring new housing concepts, including co-living arrangements, to address the growing need for housing among single individuals and senior citizens living alone. The Penang State Housing Board (LPNPP) will investigate this concept for suitable state government rental properties and People's Housing Programme units.

In addition, a new Penang State Social Development Fund will be introduced in 2027, with RM350,000 in funding. This fund will support various welfare and social development initiatives aimed at assisting those in need, addressing poverty, and empowering vulnerable groups to ensure they are not left behind in the state's development.