ALOR SETAR – The Kedah government today tabled the state 2024 Budget amounting to RM1.241 billion, with a projected deficit of 13.92% or RM104.1 million.
“I would like to propose RM852.1 million as operating expenditure. Of this amount RM100.39 million, or 1.5% will be allocated as a contribution to the development fund.
“This estimated expenditure is projected to increase by RM12.98 million, or 1.5%, compared to 2023,” Menteri Besar Datuk Seri Muhammad Sanusi Md Nor said when tabling the budget during the state legislative assembly at Wisma Darul Aman, here today.
He said Kedah projected to collect RM748 million in revenue next year, an increase of RM13 million or 1.77%, from the projected revenue for 2023.
“Of the total, the biggest contributor will be from tax revenue at RM354.23 million or 47.36%, followed by non-taxes revenue at RM223.42 million (29.87%) and non-tax revenue receipts at RM170.35 million (22.77%),” he said. – November 26, 2023