Wednesday, November 18, 2015

Zambry tables RM1.08 billion state budget - The Malaysian Insider

BY ISTA KYRA SHARMUGAM

Published: 17 November 2015 8:27 PM


Menteri Besar Datuk Seri Dr Zambry Abdul Kadir says the state has ended each year with a surplus despite a deficit budget since 2010 at the tabling of the 2016 budget at the Perak state assembly today. – The Malaysian Insider pic by Ista Kyra Sharmugam, November 17, 2015.




The 2016 state budget is seeing a 16% increase in funds for development and a 2% decrease in management costs.
Perak Menteri Besar Datuk Seri Dr Zambry Abdul Kadir said the RM1.08 billion budget was, however, expected to be in deficit by RM49.18 million.
"Next year, 63.5% of the total budget, or RM691.38million has been allocated for operations.
"This is a reduction of RM16.43 million compared with this year. It reflects the state government's prudence in spending and is in line with the theme of 'prudent budget, people in harmony'," he said at the tabling of the 2016 budget at the state assembly sitting in Ipoh today.

Some 36.5% of the  budget, or RM397.44 million is allocated for development, with the highest portion of RM192.85 million set aside for  the people's social and harmony sector and  RM152.47 million for infrastructure and RM52.12million on economic development.
Zambry said a deficit budget had been annually tabled since 2008, yet the state had ended each year with a surplus since 2010.
"Therefore, although the budget for next year is estimated to be deficit, hopefully it will end with a surplus or at least balanced.












The highlights in the projected budget include an increase in the monthly allocation for all 59 service centres of elected representatives in the state from RM3,000 to RM4,000.
A total RM62.5million is allocated to develop the state's human potential through education scholarships, online tuition programmes and teaching aid programmes for teachers clubs.
Infrastructure improvements include RM9million for flood relief and city drainage plans, RM3.7 million to manage and heal rivers and RM3.3million to upgrade agriculture irrigation, beach bunds and and soil erosion.

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