Latest news with #NationalFinanceCouncil
The Sun
22-07-2025
- Business
- The Sun
25% increase in per capita grants for Malaysian states from 2026
KOTA BHARU: The federal government has approved a 25 per cent increase in per capita grants for all states, amounting to an additional RM548 million starting in 2026. The announcement was made during the Kelantan State Legislative Assembly session today. Kelantan Menteri Besar Datuk Mohd Nassuruddin Daud confirmed the decision, stating that the adjustment was agreed upon during last year's meeting of Menteris Besar and Chief Ministers. 'On behalf of Kelantan, I proposed a review of the per capita grant due to rising costs, and the motion received support from other state leaders and Prime Minister Datuk Seri Anwar Ibrahim,' he said. The revised rates will see allocations rise to RM102 per person for the first 100,000 residents, up from RM72 previously. Subsequent tiers include RM14 for the next 500,000 (from RM10.20), RM13.50 for another 500,000 (from RM10.40), and RM13 for remaining individuals (from RM11.40). Mohd Nassuruddin also disclosed that Kelantan received RM291.06 million in per capita grants between 2015 and 2025. Annual figures showed a steady increase, from RM24.75 million in 2015 to RM28.9 million in 2025. The adjustment aims to address financial pressures faced by states amid rising living costs. The National Finance Council's approval ensures all states will benefit from the revised allocations. - Bernama
Barnama
22-07-2025
- Business
- Barnama
25 Pct Increase In Per Capita Grants For States Starting 2026
KOTA BHARU, July 22 (Bernama) -- The federal government has agreed to raise per capita grants for all states by 25 per cent, involving an increase of RM548 million starting in 2026, the Kelantan State Legislative Assembly was told today. Kelantan Menteri Besar Datuk Mohd Nassuruddin Daud said the new rate was agreed upon during the meeting of Menteris Besar and Chief Ministers held last year. 'On behalf of Kelantan, I put forward a motion to review the per capita grant due to rising costs, and the proposal was agreed to by the Menteris Besar and received a positive response from Prime Minister Datuk Seri Anwar Ibrahim. 'As a result, the National Finance Council agreed to increase the per capita grants by 25 per cent to RM548 million, effective from 2026 and involving all states,' he said. He said this in response to a question from Wan Rohimi Wan Daud (PAS–Melor) on the per capita grant to Kelantan, including when the rate was last reviewed and the annual amount received by the Kelantan government over the past 10 years, during the State Assembly sitting at the Kota Darulnaim Complex here. Elaborating, Mohd Nassuruddin said the newly agreed rates were RM102 per person for the first 100,000 people (previously RM72); RM14 for the next 500,000 (previously RM10.20); RM13.50 for the next 500,000 (previously RM10.40); and RM13 for the remaining individuals (previously RM11.40). He added that Kelantan had received per capita grants amounting to RM291.06 million between 2015 and 2025. 'The amount comprises RM24.75 million in 2015, RM24.75 million in 2016, RM25.06 million in 2017, RM25.37 million in 2018, RM25.69 million in 2019, RM26.03 million in 2020, RM26.38 million in 2021, RM26.75 million in 2022, RM27.14 million in 2023, RM27.54 million in 2024, and RM28.9 million in 2025,' he said. -- BERNAMA
New Straits Times
22-07-2025
- Business
- New Straits Times
Kelantan government welcomes 25pct increase in Per Capita Grant allocation from Fed govt
KOTA BARU: The Kelantan government has expressed its appreciation following the Federal Government's decision to increase the Per Capita Grant allocation to the state by 25 per cent starting next year. Menteri Besar Datuk Mohd Nassuruddin Daud said the increase was approved during the 2025 National Finance Council meeting, following Kelantan's repeated proposals for a review of the current formula, which has remained unchanged since 2002. "The state government has consistently raised this issue during the Menteri Besar and Chief Ministers' meetings, pushing for a revision based on current costs, inflation, and fairer distribution among states. "The new rate will bring the total annual allocation to RM548 million for all states starting in 2026," he added. The Meranti assemblyman was replying to Wan Rohimi Wan Daud (Pas-Melor) at the state assembly sitting here today. He said according to statistics, Kelantan has received steadily increasing allocations under the per capita grant from 2016 to 2025. In 2016, he added, the amount stood at RM25.05 million, rising to RM27.96 million in 2024, and RM14.19 million up to June this year. Currently, Nassuruddin said the per capita grant rates are RM72 per person for the first 100,000 population, RM10.20 per person for the next 500,000, and RM10.80 per person for the subsequent 500,000. "The remainder will be RM11.40 per person," he said. Mohd Nassuruddin said the state remains hopeful that future reviews would continue to address existing imbalances and ensure equitable development for the people of Kelantan.
