QUOTE(Yaoyiming @ Apr 16 2016, 07:47 PM)
Oh really?
GEORGE TOWN - Penang has managed to record a budget surplus of RM453 million for the years 2008 until 2013, said Chief Minister Lim Guan Eng, as reported by Roketkini.com.
In his closing speech for the 2015 state budget, Guan Eng pointed out that Penang’s finance has been growing stronger since they took over the state government six years ago. This is also something that can be verified by the Auditor-General report.
“Deficit budget is an issue that has frequently been played up by the opposition. But with the Penang government’s efficiency in managing the state’s funds, a surplus of RM453 million has been achieved from 2008 until 2013.
“If the Opposition Leader has proof that this surplus has been manipulated, please criticise the Auditor-General as this financial statement has been verified by him,” Guan Eng said.
lol look who is lying under his teeth now.. LGE talk pusing2 talk big taknak kalah as always
2014 newshttp://www.therakyatpost.com/news/2014/11/...ourth-year-row/Chief Minister Lim Guan Eng says the estimated revenue in 2015 for the state is expected to stand at RM656.95 million compared with expenditure of RM887.24 million.
GEORGE TOWN, Nov 7, 2014:
The Pakatan Rakyat state government today tabled a deficit budget of an estimated RM230.31 million during the second term of the 13th Penang Assembly Sitting here.
2016 newshttp://www.therakyatpost.com/news/2015/11/...udget-for-2016/GEORGE TOWN, Nov 6, 2015:
Penang has tabled another deficit budget for 2016, making it eight consecutive times such a budget has been tabled in the island state.
The Budget which was tabled this morning by Chief Minister Lim Guan Eng, showed a deficit budget by the DAP-led Penang government since it took over in 2008.
The Budget was announced at the Penang State Assembly earlier today
Lim proposed an expenditure of RM979.53 million involving a deficit amount of RM292.13 million compared with last year’s Budget.