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State's Financial Situation Is Improving, Ahd Balance Increases by rm235.55 Million

Summary by Buletin Mutiara
GEORGE TOWN – The financial position of the Penang State Government is beginning to show recovery when the Consolidated Revenue Account (AHD) balance increased to RM235.55 million as of May 21, 2025 compared to RM155.94 million in December 2024. The Chief Minister, Y.A.B. Tuan Chow Kon Yeow explained that the increase was a result of the austerity measures implemented by the Penang State Government...
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Buletin MutiaraBuletin Mutiara

State's Financial Situation Is Improving, Ahd Balance Increases by rm235.55 Million

GEORGE TOWN – The financial position of the Penang State Government is beginning to show recovery when the Consolidated Revenue Account (AHD) balance increased to RM235.55 million as of May 21, 2025 compared to RM155.94 million in December 2024. The Chief Minister, Y.A.B. Tuan Chow Kon Yeow explained that the increase was a result of the austerity measures implemented by the Penang State Government...

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Buletin Mutiara broke the news in on Thursday, September 11, 2025.
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