Top of The Class – Penang Shines in Auditor-General’s Report

By Ong Wooi Leng

December 2011 FEATURE
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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...

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Ong Wooi Leng

heads the Socioeconomics and Statistics Programme at Penang Institute. Her work lies in labour market analysis and socio-economic development.

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