N Sembilan tables Budget 2024 totalling RM555m with RM520m revenue

The Negeri Sembilan government tabled its Budget 2024 today totalling RM555 million with an estimated revenue of RM520 million and a development budget of RM140 million.

Menteri Besar Aminuddin Harun when tabling the budget themed 'Bersama Membina Negeri Madani' said the focus of the budget was on nine cores in the Negeri Sembilan Unity Aspiration and the People's Prosperity Scheme.

It includes economy, investment and infrastructure; education and human capital; welfare of the people and agriculture.

"The proposed Budget 2024 is a deficit budget of RM35 million. Total revenue is expected to be RM520 million which is an increase of RM70 million or 15.55 per cent compared to RM450 million last year.

"This is the first budget after the formation of the government last August.

“We are determined to make Negeri Sembilan a model of a developed, united and progressive state, and the people's lives are peaceful and prosperous," he said when tabling the budget at the Third (Budget) Conference of the First Term of the 15th state legislative assembly.

Non-tax revenue main contributor

Of the estimated revenue amounting to RM520 million, tax revenue collection was as much as RM160.01 million or 30.77 percent, compared to RM159.84 million last year, he said.

Aminuddin, who is also the Port Dickson MP, said non-tax revenue continues to be the main contributor with an estimated RM300.24 million (57.74 percent) which is an increase of RM72.28 million compared to RM227.96 million last year.

However, Aminuddin said non-revenue receipts are expected to experience a slight decrease of RM2.45 million to RM59.75 million this year compared to RM62.2 million last year, partly due to the decrease in estimated tourism tax receipts from the federal government.

He said for next year, 284 projects are being considered for development purposes involving 220 new projects and 64 extension projects or existing ones.

Meanwhile, the state government also announced special financial assistance of one-and-a-half months’ salary or a minimum of RM2,500 to 6,662 civil servants in the state which will be paid twice, at the end of February in preparation for school and at the end of March ahead of Hari Raya Aidilfitri.

He said it was hoped that the special financial assistance would inspire all civil servants to work even harder.

The Negeri Sembilan state assembly sitting that started today until Dec 11 will continue Monday.

- Bernama

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