SABAH SPENDING EVERY SINGLE CENTS

THE AUDITOR General Report for 2011 stated that Sabah State government had a low surplus of only RM 4.02 million in 2011 when compared to the RM 730.32 millions in 2010.

This signified a situation that the Sabah State government is in a hurry to spend every single cents from the revenue received in the state amounting to RM 4,368.48 million during 2011. The amount spent was RM 4,364.46, and left with a very small surplus of RM 4.02 million only.

When compared to 2010, the revenue received was RM 4,201.12 million, and the expenditure was only RM 3,470.80 million. There was a surplus of RM 730.32 million.

There was a small increase of only 4% on the revenue in 2011, but coupled with a big increase in the state government expenditures of 25.7%. Therefore, this had resulted in a total surplus drop drastically by minus 99.4%.

The Sabah state government used to say on how good they are in managing the state economy and now the Auditor General has reviewed that it is not as good as they have said. The state reserved fund had not improved.

The KKMP said that the increase of 4% on the 2011 state revenue did not reflect that Sabah is having a vibrant economy and having a speedy growth. The investment sector, no matter it is foreign or domestic, is still not encouraging, and this is the most important income earners and can bring about rapid growth in the state. This matter must be dealt with immediately.

The agriculture development has been slow and we are not producing enough food for our people. When can we achieve food security and cut the mass import of food? The people are spending too much money from importing food already. The government always has been talking about it but do we see good result.