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    Husna Salleh
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    The document contains information about the revenue, borrowing, income, and operating expenditure of the state of Penang, Malaysia from 2007 to 2011. It shows that the state's revenue increased from RM197.91 million in 2007 to RM272.61 million in 2011. However, the state also took on increasing domestic borrowing over the years, ranging from RM496.51 million in 2007 to RM687.79 million in 2010. The income is calculated by subtracting borrowing from revenue, and was negative in some years due to high borrowing amounts. Operating expenditure is also presented but not summarized. The reasons for the state's dependence on domestic borrowing are to finance budget deficits and development expenditures when funds are insufficient.

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    The document contains information about the revenue, borrowing, income, and operating expenditure of the state of Penang, Malaysia from 2007 to 2011. It shows that the state's revenue increased from RM197.91 million in 2007 to RM272.61 million in 2011. However, the state also took on increasing domestic borrowing over the years, ranging from RM496.51 million in 2007 to RM687.79 million in 2010. The income is calculated by subtracting borrowing from revenue, and was negative in some years due to high borrowing amounts. Operating expenditure is also presented but not summarized. The reasons for the state's dependence on domestic borrowing are to finance budget deficits and development expenditures when funds are insufficient.

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    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
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    Download as ppt, pdf, or txt
    11 views20 pages

    Present PSA

    Uploaded by

    Husna Salleh
    The document contains information about the revenue, borrowing, income, and operating expenditure of the state of Penang, Malaysia from 2007 to 2011. It shows that the state's revenue increased from RM197.91 million in 2007 to RM272.61 million in 2011. However, the state also took on increasing domestic borrowing over the years, ranging from RM496.51 million in 2007 to RM687.79 million in 2010. The income is calculated by subtracting borrowing from revenue, and was negative in some years due to high borrowing amounts. Operating expenditure is also presented but not summarized. The reasons for the state's dependence on domestic borrowing are to finance budget deficits and development expenditures when funds are insufficient.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
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    of 20

    Nurul Husna Bt Mohd Salleh Izzatunnuha bt Muhamad Naseh Izura Asiqin Bt Mohamad Jamil Noor Hanizah Bt Razali Zatil

    Aqmar bt Zulkefli Hayati Bt Makda Rabiatul adawiyah binti mat jusoh

    REVENUE OF NEGERI P.PINANG FROM 2007-2011(RM million)


    300
    272.61

    250
    212.11

    200

    197.91
    186.76

    197.92

    RM (Mil)

    150
    129.58 110.15 111.94 116.29 96.49 73.12 118.17

    Tax Revenue

    Non-Tax Revenue Other Revenue

    100

    93.16

    74.23

    66.66

    50

    2007

    2008

    2009
    YEAR

    2010

    2011

    Revenue

    Borrowing from 2007-2011


    AMOUNT OF BORROWING
    800 700 625.44 600 496.51
    RM (MILLIONS)

    683.75

    687.79

    500 400 AMOUNT OF BORROWING 300 200 100 0 2007 2008 2009 YEARS 2010 2011

    36.72

    YEARS

    Consolidated Loan

    Income for 2007-2011


    Income = Revenue - Borrowing
    YEARS 2007 2008 2009 2010 2011
    AMOUNT (RM Million) RM 295.86 RM 496.51 = (RM 200.65) RM 371.14 RM 625.44 = (RM 254.3) RM 376.51 RM 683.75 = (RM 307.24) RM 410.70 RM 687.79 = (RM 277.09) RM 602.81 RM 36.72 = RM 566.09

    Operating Expenditure

    Operating Expenditure From 2007-2011

    Consolidated funds

    Why state government depends were on domestic borrowings?


    The main reason of borrowing is for budget deficit financing.
    The state government depends on domestic

    borrowing when the state unable to meet its development expenditure. So all the borrowing must be use for finance the development expenditure.

    Given that the funds resources comprise contributions

    from the consolidated revenue fund, receipts and loans from the federal government and loan repayment of state agencies, it could appear that the lack of financial resources and support from the federal government would be the sole reason for the deficit. However, this is not the case. The contribution of the federal government to the state government increased to RM89mil in 2010 compared to RM40mil in 2009, the highest in the last five years. There was a huge cutback in the amount of funds borrowed from the federal government only about RM5.8mil in funds were borrowed in 2010 as opposed to RM64.5mil in 2009.

    THE END

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