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

KUALA KANGSAR, Nov 15 — The Perak government is expected to once again turn a projected deficit of RM95.5 million...

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

Perak’s government is projected to generate a surplus of RM95.5 million for the fifth consecutive year, as Menteri Besar Datuk Seri Saarani Mohamad highlighted. Revenue collection is on track to reach RM1.48 billion, exceeding the initial target of RM1.1 billion. The Minister emphasized that the state’s wealth should be used for the welfare of its people, rather than for personal gain or wasteful spending.

Sultan Nazrin Shah and Raja Permaisuri of Perak attended the Royal Pledge of Loyalty Ceremony and the presentation of state honors at Istana Iskandariah. GDP grew by 5.7% to RM91.5 billion, with the manufacturing sector experiencing a surge of 15.2%. Unemployment dropped from 4.8% in 2021 to 3.5% in 2025, with 1.2 million residents now employed.

The state increased funding for the 'Pasar Sejahtera Rakyat Perak' programme by RM3.2 million, providing assistance to over 28,000 people. The government also introduced the Perak Sejahtera Initiative: People-Centric 2026, which includes relaxations in land transactions, payment extensions, and fee reductions. The 2027 Budget allocates funds for seven development projects, including the education complex in Sitiawan and the cardiothoracic surgery facility at Raja Permaisuri Bainun Hospital.

Proton’s centralised production in AHTV has grown from 1,500 employees in 2021 to 7,400, and electric vehicle production is projected to reach 300,000 units by 2027. Lumut’s Third Regasification Terminal project will bolster the country’s energy infrastructure and provide business opportunities in Perak.

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

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