KUCHING, Oct 12 2026: Sarawak collected a revenue collection stands at RM10.732 billion, equivalent to 82 percent of the year’s projected target, as of September this year, Premier Abang Johari Openg said when tabling the 2027 State Budget in the State Legislative Assembly (SLA).
He said the strong collection is driven primarily by the major revenue contributors, which are from State Sales Tax at RM3.941 billion mainly from petroleum products and crude palm oil, cash compensation in lieu of oil and gas rights at RM2.334 billion, and dividend income of 2.147 billion.
"Based on current trends, we now project total revenue for 2026 to reach RM13.571 billion, an upward revision of RM552 million or 4.0 percent above the original estimate of RM13.049 billion," Abang Johari, who is also the Minister of Finance and New Economy, said today.
He said the principal contributor to the improvement is the upward review of the Special Grant from the federal government from RM600 million to RM1.5 billion, an increase of RM900 million, effective this year.
He said the 2026 Ordinary Expenditure has been revised upwards from RM12.905 billion to RM14.348 billion, an increase of RM1.443 billion or 11.2 percent.
"As of September 2026, a total of RM9.434 billion, equivalent to 66 percent of the Ordinary Expenditure, has been utilized," he said, adding that of amount, RM3.959 billion was directed towards operating expenditure, while RM5.475 billion was appropriated to the Statutory Funds.
"For Development Expenditure, RM5.604 billion out of the allocated RM9.663 billion, or 58 percent, has been expended during the same period, saying that with development projects gaining momentum and implementation intensifying, expenditure is expected to increase further towards the end of the year.
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