KUCHING: Next year’s state budget is in line with the goals of the Post-Covid Development Strategy (PCDS) 2030 that emphasise on recovery, said Utility and Telecommunication Minister Datuk Julaihi Narawi.
“This entails accelerating economic growth, strengthening the momentum of recovery, stimulating private investment, generating employment and business opportunities, and building a more competitive and income generating economy,” he said.
In addition, he said the State’s 2023 projected revenue of RM11.035 billion is the largest in the state’s history and the expected surplus of RM238 million shows the financial strength of Sarawak, indicating the path towards recovery growth.
“The ordinary expenditure of RM10.797 billion is the biggest in the history of Sarawak’s budget. With a development budget of RM 7.506 billion, 60 per cent is allocated for development in rural areas which include water and electricity utilities.
“With this allocation, the Ministry for Utility and Telecommunication will continue our obligations toward full coverage in providing reliable, sustainable and affordable utilities,” he said.
Julaihi stressed that with GPS given a strong mandate by the people of Sarawak in the recent 15th general election (GE15) and the earlier state election, it is committed to continue efforts on transforming Sarawak.
