KUALA TERENGGANU: The Terengganu state government is implementing three strategies to strengthen the state's fiscal position, namely, controlling expe...
: The Terengganu state government is implementing three strategies to strengthen the state's fiscal position, namely, controlling expenditure, optimising revenue from existing sources and exploring new sources.said the government machinery at all levels must also reassess every project's necessity, feasibility and priority.
Ahmad Samsuri said to optimise revenue from existing sources, Terengganu must improve legislative aspects and best practices related to revenue collection, including enhancing revenue collection through enforcement and digitalisation and reviewing allocations from the federal government to ensure they align with the law and current situation.
Ahmad Samsuri also said the federal government had made petroleum royalty payments totalling RM802.2 million out of the original estimate of RM1.52 billion, involving RM651 million for emoluments, RM109 million for deferred and scheduled payments and RM42.1 million for debt repayments.
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