GEORGE TOWN, Oct 30 (Bernama) -- The Penang state government today tabled its budget for 2027 amounting to RM1.074 billion, comprising RM1.042 billion for operating expenditure and RM280.17 million for development expenditure.
Penang Tables RM1.074 Bln Budget For 2027 With Lowest Deficit Of RM5.62 Mln
Penang, Budget 2027, Chow Kon Yeow, Deficit
Key takeaways
Penang tabled a RM1.074 billion budget for 2027, featuring the state's lowest projected deficit of RM5.62 million. The plan prioritizes 514 projects focused on infrastructure, economic growth, and public well-being.
- The 2027 budget totals RM1.074 billion, split between RM1.042 billion operating and RM280.17 million development expenditure.
- Projected revenue of RM1.069 billion results in a record-low deficit of RM5.62 million for the state.
- Fifty-one hundred fourteen projects are planned, with top priority given to strengthening the transportation network.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
Also reported by Malay Mail
Story details
- Published
- Section
- news
- Format
- Article
- Original
- bernama.com ↗
Related reporting
6 stories on this topic from 3 sources, oldest first.
- Bernama Penang Tables RM1.074 Bln Budget For 2027 With Lowest Deficit Of RM5.62 Mln (this story)