GEORGE TOWN, March 7 – Penang Chief Minister Chow Kon Yeow has welcomed the federal government’s decision to increase allocations to state governments to RM10.5 billion this year, saying the move will help spur development and strengthen state finances.
He described the decision by the National Finance Council as a positive step that would support development initiatives benefiting Malaysians. The Penang Chief Minister noted that while the additional funding is appreciated.
A comprehensive restructuring of the country’s financial framework is still needed to ensure stronger cooperation between the federal and state governments. The increased allocation, up
