KUALA TERENGGANU, Nov 24 — The financial performance of the Terengganu government is not stable. The auditor-general’s report on the state government’s financial statement and the financial performances of the state agencies for 2018 said that overall, the balance of the Consolidated Fund at...
Auditor-General Datuk Nik Azman Nik Abdul Majid answers reporters’ questions in Parliament October 14, 2019. — Picture by Hari AnggaraThe auditor-general’s report on the state government’s financial statement and the financial performances of the state agencies for 2018 said that overall, the balance of the Consolidated Fund at the end of 2018, had dropped by RM9.08 million to RM154.67 million, compared to RM163.75 million in 2017.
The auditor-general’s report on the statement was tabled in Dewan Rakyat on November 4 after it was consented to by the Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah and subsequently receiving the consent of the Sultan of Terengganu, Sultan Mizan Zainal Abidin for tabling in the Terengganu State Assembly today.
He also said the total public debt dropped by RM173.81 million or 19.2 per cent to RM733.13 million compared to RM906.94 million in 2017. He said the financial statement showed a true and fair picture on the financial position of the state government and the account records had been maintained in an orderly manner and updated.
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