Penang Opposition leader wants fiscal recovery plan to address revenue shortfall

GEORGE TOWN, May 21 — Penang Opposition Leader Muhammad Fauzi Yusof today pressed the state government for a five-year financial recovery plan to address what he described as a fiscal crisis currently facing the state.

The Sungai Dua assemblyman said that the state government must review and balance its critical and non-critical spending while improving its administrative structure and procedures.

“The state government must not use oppressive policies, such as raising quit rent rates that burden the people of Penang, in order to increase state revenue,” Fauzi said at a press conference held outside the state legislative assembly today.

He was referring to a reply by Penang Chief Minister Chow Kon Yeow in the assembly, which mentioned plans to raise state revenue streams through the collection of quit rent arrears amounting to RM6 million, selling state lands, and reviewing various fees and charges.

Fauzi cited the Auditor-General’s Report from October 2024, which he said indicated a drastic decline in the state’s financial performance, in which the revenue account fell 52 per cent in 2023 from the year before while the consolidated trust account showed a 2.9 per cent decrease.

“This comparison is highly unbalanced, especially when the state government's expenditure increased by 13.9 per cent while state revenue decreased by 0.4 per cent (in the same period),” he added, highlighting the disparity.

Fauzi warned that if this situation continues, Penang would face a critical cash flow risk.

“This will jeopardise the state’s ability to manage its funds and administrative expenses, including the salaries of civil servants in the state,” he said.

Yesterday, another opposition assemblyman, Yusni Mat Piah (PAS-Penaga), also questioned the state's decision to purchase new cars for state executive councillors and officials while allegedly facing a fiscal crisis.

Chow is expected to address these concerns regarding the state’s financial situation during his winding-up speech at the state legislative assembly tomorrow.

https://www.msn.com/en-my/news/other/penang...49c34c494&ei=28

Padahal, these Puas bodo, their own state deficit and in dire straits want to comment Penang pulak. Double standards betul

Kelantan unveils RM93mil deficit budget, with RM500 aid to civil servants

https://www.msn.com/en-my/news/national/kel...ivil%20servants.

This post has been edited by hoonanoo: May 22 2025, 08:24 AM

typical puas failed state :

1) drop 52% revenue is troubling, but where is proof of financial crisis? Dia gagal maths & accounting ke?

show profit or loss?

2) Yes raise quit rent is bad, but takkan this puas moron thinks subsidy and lower tax to cover budget deficit ke? No solution ah? bodohnya. Where the money going to come from to cover ? from his pocket ke? if no taxation raised?

3) Oh Puas, show cashflow projection lah. Drop revenue and increase expenditure not necessary mean state govt coffers will go empty. Do your projection and mathematics, not just fitnah out of your ass.

4) don't just call for recovery plan, show us your capabilities to build up a shadow govt. Any solution ? Any proposals? Naada. Just want subsidy, no taxation, that's all, mundur like kelantan.

This post has been edited by hoonanoo: May 21 2025, 04:06 PM

Yesterday, another opposition assemblyman, Yusni Mat Piah (PAS-Penaga), also questioned the state's decision to purchase new cars for state executive councillors and officials while allegedly facing a fiscal crisis. <<< macam familiar jer. LOL

Those kelate always negative budget and need pinjam from federal never question?

kelantan buy mercidis.

apa dia nak cemburu dgn penang?

bodo ni MP

Yeah even though they face financial deficit every year.

State not much room for revenue, quit rent can only earn you so much....so you are left with selling land....

Why you think they reclaiming land with Gamuda now?

Taliban logic

Kelate never succeed yet asking people to do mitigation plan.

yeah but Puas asking for what?

no taxation
don't spend

total hypocrites these people, they can drive mercidis in kelantan while state coffers in deficit.

bus station pun takde cakap finance?

That is Holy State, cannot questions deficit. Question it mean question god

Kalau esok parti ___ menang, cash flow is not an issue. Beli benz priority.

He is right though, if there is a sudden drop, at least CKY should explain the issue.

At least this guy is doing his job better than his counterparts in Parliament just going RnR day and night.

Lets see how many pages we can reach without answering the question ie no explain the financial gap.

also cannot question their MP mercidis while rakyat merana and drink brown water

esok bang, sabar sikit

Shadow economy in Kelate involved drugs, subsidized fuels and supplies that feed the coffers of shadow gomen.

Kelantan unveils RM93mil deficit budget, with RM500 aid to civil servants

https://www.msn.com/en-my/news/national/kel...ivil%20servants.

look at these bunch of double standard puas retards lah.

Their own state deficit, and they dare to comment about Penang.

for people criticizing Opposition for raising concerns, well that is their job. And the ruling party should assuage the voters that such concerns are superfluous.

You wont be asking DAP to shut up if they become opposition..

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current Penang government keeps on adding terms and conditions towards new development. Now it needs to be a 'Green' Building . Who knows what is next.

but the worse thing is that the churn of personnel in Penang's civil service and the change of commentary and advice that goes with it, and the bureaucracy in duplicated and repetitious submissions, is severely damaging towards any schedule in actualizing a new development

meanwhile, there is barely any development in mass transportation. Which means any new development will have problem in getting the people to actually visit / work there.

This post has been edited by Redhunt: May 22 2025, 08:34 AM