The state has collected RM3.865 billion, or 29.6 per cent of its projected RM13.049 billion revenue for 2026 as of April, driven mainly by state sales tax and oil and gas-related receipts.
Deputy Premier Datuk Amar Douglas Uggah Embas said the performance reflects steady collection across key revenue streams, even as global economic and geopolitical uncertainties continue to weigh on the oil and gas sector.
The Second Minister of Finance and New Economy said the revenue came from state sales tax at RM1.585 billion, followed by cash compensation in lieu of oil and gas rights amounting to RM1.106 billion.
“Other contributors include dividends (RM545 million), raw water royalty (RM217 million), interest income (RM87 million), land premium (RM87 million), forestry receipts (RM69 million), federal grants and reimbursements (RM25 million), and other sources such as mining royalties, water sales and land rents (RM145 million),” he said.
He said this in his winding up speech at the Sarawak Legislative Assembly (DUN) sitting here today (May 20).
He also said that, despite prevailing economic headwinds and geopolitical uncertainties affecting global oil and gas markets, the state anticipates an impact on this year’s revenue projection, but remains committed to strengthening resilience through prudent fiscal management and targeted initiatives to support the rakyat and the economy.
On the expenditure side, Uggah said RM3.72 billion, or 29 per cent of ordinary expenditure, has been spent as of April, while development expenditure stands at RM2.162 billion, representing 23 per cent of the approved allocation.
“As programme and project implementation progresses, expenditures are anticipated to increase in the latter half of the year.
“In this regard, Controlling Officers and Heads of Departments must continue to demonstrate unwavering commitment to delivery, proactively addressing any implementation issues and exercising prudent financial management, so that all initiatives are realised within the resources available,” said Uggah.
