Fifth time lucky? No, fifth surplus in a row for Perak, says MB Saarani

The Perak government has reported its fifth consecutive financial surplus, with a projected surplus of RM95.5 million for the current fiscal year. Menteri Besar Datuk Seri Saarani Mohamad attributes this steady growth to the prudent management of the state’s treasury, citing a revenue collection of RM1.1 billion, on track to meet the RM1.48 billion target.

The positive economic performance, driven by a GDP growth of 5.7% to RM91.5 billion and a surge in the manufacturing sector, has also contributed to a reduction in unemployment from 4.8% to 3.5%, with 1.2 million residents now employed. Saarani emphasized the government's commitment to using the state's wealth for the long-term prosperity of its people, highlighting initiatives such as the 'Pasar Sejahtera Rakyat Perak' programme and the Perak Sejahtera Initiative: People-Centric 2026, aimed at easing cost-of-living pressures and enhancing the state's infrastructure.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.