Top of The Class – Penang Shines in Auditor-General’s Report
By Ong Wooi Leng
December 2011FEATURE
Advertisement
For the second year in a row, the Penang state government was recognised for continued improvement in its financial position. Overall, the state government has managed to consistently retain a healthy financial position in the management of state agencies as well as in the execution of development projects under the Ninth Malaysia Plan (2006–2010). Can the positives be sustained over the next few years?The ins and outsA state’s financial statement is divided into three parts – consolidated revenue fund, consolidated trust...
Subscribe to our e-archive to read our older articles.