Sarawak spending wisely

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THE state government prioritises the implementation of development programmes and public investments to ensure the development agenda is met and the benefits are enjoyed by the people.

“As such, my administration is always emphasising on the need to ensure ‘value for money’ and prioritise spending that will warrant savings and cost optimisation through the adoption of Value Management Framework in the planning and implementation of development projects,” said Chief Minister Datuk Patinggi Abang Johari Tun Openg when tabling the Sarawak Budget 2021 on Monday (Nov 9).

He mentioned that the state’s 2019 financial account had earned a clean bill of health for the 18th consecutive year.

This, he pointed out, was a clear indication of the state’s continuous sound financial management in exercising financial prudence and discipline at all levels.

“However, we must not be complacent. We must look ahead and plan well. We have the sacred responsibility to spend prudently and wisely for the benefit and welfare of the rakyat.

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“With these in mind, I urge all controlling officers of the various ministries, agencies, statutory bodies and local authorities to continue adopting and exercising good governance and practices, responsible financial management and on top of all these, inculcate integrity in our everyday life.”

Abang Johari also said the state government would continue to expand and diversify the state’s revenue stream through revenue re-engineering.

“This effort is even more crucial amidst the current economic slowdown, where the bulk of our revenue comes from commodity-based source.

“One of the measures under this exercise is to review the rate of rental for renting of state government properties.”

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