S'wak expecting RM14.2bil in revenue this year, state assembly told
KUCHING: Sarawak's revenue is projected to reach RM14.2bil this year, slightly surpassing the RM14.187bil collected last year, says Deputy Premier Datuk Amar Douglas Uggah Embas.
He said RM4.3bil or 30% of the projected revenue had been collected as of April, with state sales tax contributing the highest amount at RM1.76bil.
Other major sources of revenue included cash compensation in lieu of oil and gas rights (RM1.76bil), dividends (RM600mil), raw water royalty (RM229mil), interest income (RM250mil), forestry receipts (RM65mil), land premium (RM59mil) and federal grants and reimbursement (RM25mil).
"Considering the challenging economic environment and geopolitical issues that are influencing the oil and gas markets globally, we foresee that our revenue projection for this year would be impacted," Uggah told the Sarawak Legislative Assembly in his winding-up speech on Wednesday (May 28).
He also said the state had spent RM3.68bil or 27% of the approved ordinary expenditure as of April, while RM1.44bil or 13% had been spent on development expenditure.
The expenditures are anticipated to increase in the later half of the year, coinciding with the progress of project execution, he added.
"Given that this year marks the end of the 12th Malaysia Plan, it is imperative for all controlling officers and heads of departments to continue to be committed towards the successful delivery of programmes and projects which they are accountable and responsible for.
"They must also be proactive in resolving any issues related to project implementation," he said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
7 days ago
- The Star
S'wak govt committed to rural growth, says Uggah
KUCHING: The increase in rural development allocation for this year's Sarawak budget is a reflection of the state government's unwavering resolve to narrow the rural-urban gap and ensure equitable growth. Deputy Premier Datuk Amar Douglas Uggah Embas said RM6.8bil had been allocated under the Sarawak 2025 Budget for rural development, which rose from RM5.695bil in 2024, indicating Sarawak Premier Tan Sri Abang Johari Tun Openg's clear commitment to uplift the well-being of the rural communities. In his message for the Gawai Dayak festival, which begins today, Uggah said the rural development focus has seen major bridge projects being implemented as growth catalysts. 'Five (bridges) have already been completed, including the Batang Saribas 1 Bridge in Pusa, Betong and others such as the iconic Bintulu Jepak, Muara Lassa, Marudi and Batang Rajang bridges. 'Six more, including the nation's longest river bridge – Batang Lupar 1 – are expected to be completed by year-end,' said Uggah, who is also the State Minister of Infrastructure and Port Development, Bernama reported. He said that Gawai Dayak should be accepted as a festival to bridge inter-racial relationships in Sarawak, which has been a pertinent essence for the state to continue progressing. 'Just as bridges connect our cities and villages, this Gawai season should also serve as a 'bridge' to strengthen the bond of friendship, unity and harmony among us all. Let us celebrate our diversity under the spirit of 'Segulai Sejalai' or Together in Unity,' he added.
Barnama
31-05-2025
- Barnama
Sarawak Govt Aims For Rural-urban Equitable Growth
KUCHING, May 31 (Bernama) -- The increase in rural development allocation for this year's Sarawak budget is a reflection of the state government's unwavering resolve to narrow the rural-urban gap and ensure equitable growth. Deputy Premier Datuk Amar Douglas Uggah Embas said RM6.8 billion had been allocated under the Sarawak 2025 Budget for rural development, which rose from RM5.695 billion in 2024, indicating the State Premier Tan Sri Abang Johari Tun Openg's clear commitment to uplift the wellbeing of the rural communities. In his message for the Gawai Dayak festival, which begins tomorrow (June 1), Uggah said the rural development focus has seen major bridge projects being implemented as growth catalysts.
The Star
31-05-2025
- The Star
S'wak govt aims for equitable rural-urban growth, says Uggah
KUCHING: The increase in rural development allocation for this year's Sarawak budget is a reflection of the state government's unwavering resolve to narrow the rural-urban gap and ensure equitable growth, says Deputy Premier Datuk Amar Douglas Uggah Embas He said that RM6.8bil had been allocated under the Sarawak 2025 Budget for rural development, which rose from RM5.695bil in 2024, indicating the State Premier Tan Sri Abang Johari Tun Openg's clear commitment to uplift the wellbeing of the rural communities. In his message for the Gawai Dayak festival, which begins on Sunday (June 1), Uggah said the rural development focus has seen major bridge projects being implemented as growth catalysts. "Five (bridges) have already been completed, including the Batang Saribas 1 Bridge in Pusa, Betong and others such as the iconic Bintulu Jepak, Muara Lassa, Marudi and Batang Rajang bridges. "Six more, including the nation's longest river bridge - Batang Lupar 1 - are expected to be completed by year-end,' said Uggah, who is also the State Minister of Infrastructure and Port Development. He said that Gawai Dayak should be accepted as a festival to bridge inter-racial relationships in Sarawak, which has been a pertinent essence for the state to continue progressing. "Just as bridges connect our cities and villages, this Gawai season should also serve as a 'bridge' to strengthen the bond of friendship, unity and harmony among us all. Let us celebrate our diversity under the spirit of 'Segulai Sejalai' or Together in Unity,' he added. - Bernama
