WHILE Penang acknowledges receiving aid from the Federal Government for various projects, additional Federal funding could further support the state due to its limited revenue base. Chief Minister...
Tag: Budget
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Welfare and community
Fort Cornwallis moat to be restored by early 2025, RM7.2 million approved for the project
THE restoration work of the Fort Cornwallis, a premier historic structure in Penang and one of the oldest structures in Malaysia, is expected to be completed by the first...
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News/Reports
Penang continues to perform well in its financial management despite having less revenue
PENANG has recorded the lowest unfinished loan balance (baki pinjaman belum selesai) as of March 31 this year. Chief Minister Chow Kon Yeow said Penang recorded RM49.6 million...
PENANG should be getting a development allocation of RM5.2 billion from the Federal Government next year, says Chief Minister Chow Kon Yeow. However, the state would likely be...