The Star: Johor announces surplus in the state’s Budget 2017

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ISKANDAR PUTERI: The Johor government has announced a surplus state budget for the seventh year in a row since 2011.

Mentri Besar Datuk Mohamed Khaled Nordin (pix) said until Nov 16 this year, a total of RM1.369bil had been collected with performance levels equivalent to 96% of the estimated revenue of RM1.425bil.

He said the state revenue collection for 2017 was expected to reach RM1.609bil, an increase of 12.86% from  the revenue estimated in Budget 2016.

Mohamed Khaled added that the budget expenditure for 2017 was at RM1.607bil, which is an increase of RM1.802bil or 12.89% compared with this year.

“This means that the Johor Budget 2017 has a surplus of RM1.303mil,” he said during the tabling of the state Budget at the state assembly here on Thursday.

He pointed out for management expenditure, the state government had allocated a total of RM907.67mil, which also included emolument (RM479.22mil), service and supply (RM244.61mil), department assets buying (RM20mil), and other expenditures (RM4.94mil).

“For development expenditure, allocation in 2017 will be the highest allocation in the history of Johor Budget with RM763.3mil. This means, from the total expenditure in 2017, about 47% is meant for development purposes,” said Mohamed Khaled.

 “It is clear that the state government has put a strong foundation to Johor’s economy where we are in line to become the southern economic powerhouse,” he added.

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