Penang records RM65.27mil surplus, reflecting prudent fiscal management

Penang records RM65.27mil surplus, reflecting prudent fiscal management

New Straits Times·2025-05-19 13:01

GEORGE TOWN: Penang recorded a financial surplus of RM65.27 million as of March 31 this year, marking a positive turnaround in its fiscal position and reflecting prudent financial management efforts by the state administration.

Chief Minister Chow Kon Yeow (DAP – Padang Kota) told the state legislative assembly sitting that the state's revenue stood at RM268.46 million, while total expenditure amounted to RM203.19 million.

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