RM4.14bil for Sabah’s growth
Published on: Friday, November 15, 2019
Shafie (far, right) preparing to read Sabah Budget 2020 speech at Sabah Legislative Assembly sitting on Friday (Photo: Bernama).
Kota Kinabalu: The State Government has proposed a RM4.14 billion budget for 2020 with a surplus of RM48.55 million – the sixth consecutive surplus budget for Sabah since 2015.
Chief Minister Datuk Seri Mohd Shafie Apdal said the surplus budget shows that the State Government’s financial position remains healthy and stable, with estimated revenue collection at RM4.19 billion.
ADVERTISEMENT He said the RM4.14 billion supply expenditure estimates for 2020 represent a decrease of RM15.81 million or 0.38 per cent compared to the original estimate in 2019 of RM4.16 billion, adding the amount is divided into three parts, namely emolument expenditure, recurring expenditure and special expenditure.
“Of the total supply estimates for next year, a total of RM739.59 million is proposed for emoluments. This figure recorded a decline of RM2.55 million or 0.34 per cent compared to 2019 of RM742.14 million.
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“As with last year, the main reason is due to retirement of several Sabah civil servants. In addition, recruitment of new officers and staff also involves only category from lower payroll,” he said.
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