SARAWAK has collected RM4.3 billion in revenue as of April this year, accounting for 30 per cent of its projected RM14.2 billion revenue for 2025.
Deputy Premier Datuk Amar Douglas Uggah Embas said that the revenue was primarily driven by key sources including RM1.76 billion from State Sales Tax, RM1.17 billion in cash compensation in lieu of oil and gas rights, RM608 million in dividends, RM229 million from raw water royalties, and RM250 million in interest income.
“Other contributions included RM65 million from forestry receipts, RM59 million in land premiums, RM25 million from federal grants and reimbursements, and RM137 million from miscellaneous sources such as mining royalties, water sales, and land rents,” he said in his ministerial winding up speech during the DUN sitting here today.
However, Uggah said considering the challenging economic environment and the geopolitical issues that are influencing the oil and gas markets globally, the state government foresees that the revenue projection for this year would be impacted.
Meanwhile, Uggah said that as of April this year, RM3.68 billion or 27 per cent of the approved Ordinary Expenditure has been expended.
“Whilst, RM1.44 billion or 13 per cent has been expended for Development Expenditure.
“These expenditures are anticipated to increase in the later half of the year, coinciding with the progress of programmes and projects execution.
“Given that this year marks the ending of the 12th Malaysia Plan (MP), it is imperative for all Controlling Officers and Heads of Departments to continue to be committed towards the successful delivery of programmes and projects of which they are accountable and responsible for.
“They must also be proactive in resolving any issues related to project implementation,” said Uggah.
