Perak Records Historic Revenue Collection of RM1.21 Billion Last Year

By: Zaki Salleh

IPOH: The Perak state government successfully amassed revenues totalling RM1.21 billion last year, marking the highest figure ever recorded in the state’s history.

This amount represents an impressive 107.06 per cent increase compared to the set target for the previous year, resulting in Perak registering a surplus income of approximately RM62.4 million, surpassing the RM29.6 million recorded in 2022.

The Chief Minister, Datuk Seri Saarani Mohamad, attributed various key factors to this significant upturn, including a surge in tax revenues.

According to him, the state’s inflation rate has consistently demonstrated a declining trend, decreasing from 2.2 per cent in October to 1.9 per cent in November.

“The labour force penetration rate for the third quarter of 2023 also stands positively at 64.8 per cent. The unemployment rate, on the other hand, continues to decline from 5.3 per cent in 2021 to 4.6 per cent in 2022. In the third quarter of 2023, it further decreased to 3.3 per cent,” he stated.

Saarani made these remarks during his speech at the Executive Talk and New Year’s Message 2024 with State Civil Servants in Ipoh.

Emphasizing his confidence in the state government’s achievements and expressing gratitude for the support of all civil servants, Saarani outlined five main focus areas for Perak’s government in the current year, as part of the ongoing implementation of the Perak Prosperity 2030 plan.

These include exploring new sources of income, driving innovation in service delivery systems, enhancing the welfare of the people, promoting environmental sustainability, and ensuring the success of Visit Perak Year.

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