Summary
- Revenue estimated at RM1.069 billion.
- Budget deficit projected at RM5.62 million.
- Revenue rises RM800,000 from 2026.
GEORGE TOWN, October 30 — Penang has proposed a RM1.069 billion state budget for 2027, with an estimated deficit of RM5.62 million, described as the lowest in the state’s budget history.
The state projects revenue to increase by RM800,000, or 0.07%, compared with 2026. The revenue estimate comprises RM224.94 million in tax revenue.
RM566.11 million in non-tax revenue and RM277.79 million in non-revenue receipts. The state also targets RM847.53 million in revenue collections, representing 79.35% of its annual revenue estimate.
