KUCHING: The Sarawak Budget 2026 has been described as a comprehensive and forward-looking fiscal plan aimed at strengthening the State’s development, competitiveness and long-term wellbeing.
Designed to complement the Federal Budget, this year’s budget underscores Sarawak’s commitment to building a knowledge-driven society, accelerating infrastructure modernisation, enhancing social protection and reinforcing governance to meet the aspirations of a developed state.
“The state government continues its tradition of prudent financial management, reporting a surplus budget of RM144 million,” said Sarawak Housing and Real Estate Developers’ Association (SHEDA) advisor Datuk Sim Kiang Chiok in a press statement today (Nov25).
“Estimated revenue stands at RM13.1 billion against planned expenditure of RM12.9 billion. This surplus reflects disciplined fiscal stewardship, ensuring Sarawak remains financially resilient while investing in high-impact development initiatives.
“This budget demonstrates our clear vision to transform Sarawak through education, infrastructure, social wellbeing and strengthened governance, paving the way for a developed state,” he said.
He added that a major initiative in the budget is the commitment to free tertiary education for all Sarawakians, a historic step set to reshape the state’s human capital.
“By investing heavily in education, Sarawak aims to nurture a skilled, innovative and globally competitive workforce, essential for sustaining economic growth and achieving developed-state status.
“The budget also supports modern public transport, allocating RM1 billion to the Autonomous Rapid Transit (ART) system. Work on the project continues steadily, with the first operational ART service expected by the end of 2026. This initiative promises to transform mobility in Greater Kuching while supporting a greener, low-carbon future,” he said.
Social wellbeing remains a priority, with the Sarawak Keluarga Asas Sejahtera (SKAS) scheme continuing into 2026. Assistance across all categories will increase, ensuring that no family faces hunger or extreme hardship and that every Sarawakian benefits from inclusive development.
Additionally, the introduction of four new State Cabinet Ministers aims to enhance institutional capacity, improve policy delivery, and address emerging needs and opportunities.
“Overall, the Sarawak Budget 2026 is a balanced, people-centred blueprint designed to ensure inclusive prosperity, resilience and long-term success for the State and its people,” Sim said.
