Syed Jaymal Zahiid | October 15, 2012
Free Malaysia Today
The 2011 Auditor-General’s report showed that apart from a few minor glitches, all four states showed good financial standing.
KUALA LUMPUR: The 2011 Auditor-General’s report indicates good fiscal management by all four Pakatan Rakyat-controlled states with revenues improving.
DAP-held Penang led the way in terms of revenue collection, recording a RM192.19 million or 46.8% increase compared with the RM410.70 million made in 2010 while Selangor, Malaysia’s richest state, increased by RM62.50 million or 4% for the same period.
Kedah, on the other hand, saw its surplus drop when it recorded an increase in operating expenditures despite boosting its revenue, but the report noted that the PAS-led state government had more or less maintained a “satisfactory” balance sheet.
But the rice-bowl state, considered as one of the country’s poorest, is still far from achieving its debt target, said the report.
“The state government’s commitment to the remaining public debt now stands at RM2.60 billion compared with RM2.61 billion in 2010; it is still high,” it read, adding that Kedah must do more to improve its revenue collection.
Oil-rich Kelantan, too, was rated satisfactory due to the increase in its consolidated fund by RM86.17 million or 58.1% to RM234.47 million as compared with the RM148.30 million recorded in 2010.
The PAS-conrolled-state also saw investments in 2011 increase by RM95 million from RM16.33 million in 2010 to RM111.33 million in 2011.
The state’s overall financial performance statement, whereby revenue as compared to total management and development expenditures for 2011, recorded an increase from total deficit of RM171.70 million in 2010 to RM141.53 million in 2011.
But the AG report highlighted poor debt management by Kelantan.
“Public debts increased by RM27.85 million from RM1.11 billion in 2010 to RM1.14 billion in 2011. The arrears of debts repayment to the federal government also increased from RM121.57 million in 2010 to RM179.81 million in 2011″.
Meanwhile, the report noted marked improvements in the performance of state agencies with most rated “excellent” compared to 2010, although it recommended Kelantan and Kedah to provide more training for its officers to improve.
Selangor and Penang were praised for their initiatives to bolster their financial management performance.
Auditor General reports Vs the tong sampah sickening political BN politicians accusations…and unqualified reports.
The Umno B rouges and thieves keep stealing….and yet…..keep accusing.
Umno B keep looking for suckers and racists.
PR keep up the good work so as to win more states in the next GE!
Kit: I’m disappointed in the words you use viz “DAP-held Penang” and “PAS-held Kelantan. We are all in this together, good and bad. The behavior of a component party of Pakatan reflects on all parties of the coalition.
Honestly, I have never think of the Pakatan Rakyat as a full real political coalition, at least not yet.
It is still very much a marriage of convenience to bolster the opposition’s strength against the ruling coalition.
Therefore, it is in the interest of every individual party to achieve as much as possible on its own merits to bolster its own standing and reputation. Which if you think about it, is not a bad thing because component party would have to pull its own weight rather than relying on the coalition.
Only if and when the PR wins the election and is tasked to form the next government, would serious thought and effort be invested by the different parties to gel the different ideologies together to form a common front.
It would also be more acceptable to different parties supporters then to make consensus and if necessary compromises then.
However, this would be a critical point for PR, should the different parties squabble and fail to form the government, it would forever lose it credibility.
Godfather…I think LKS is pointing out the PR parties individually can do things.
Collectively…we know what PR is.
I am sick of “divide to rule” to disunite us all too.
From henceforth…..lets hope People Power rules….not politicians….including DAP.
NR n porno snake kept yelling 2 rakyat dat PR WILL BANKRUPT d nation if PR takes over P’jaya
True meh?
How is it AG report indicates good fiscal management by all 4 Pakatan Rakyat-controlled states with revenues improving
NOT a report of bankruptcy but PROSPERITY
Voters will b silly if they don’t vote 4 PR – high time 2 KICK corrupt, incompetent UmnoB/BN OUT
Umno sedut masa besar!
Translated:
Umno sucks big time!
And umno has the audacity to claim that pakatan has no experience to adminster the country?
Pooordah umno!
I find it unbelievable
1) there is not yet a report on AES given its RM900K/camera price tag when the most expensive in US/UK are RM300K/camera
2) So many questionable arms purchase even by Sultan of Johor and yet NOTHING?
3) What about KLIA traffic control system. I am scared shit each time I fly out/in of KLIA